iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Hits New 12-Month High at $59.41

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $59.41 and last traded at $59.40, with a volume of 53265 shares traded. The stock had previously closed at $59.02.

iShares MSCI Emerging Markets ex China ETF Price Performance

The firm has a market capitalization of $13.40 billion, a PE ratio of 12.73 and a beta of 0.88. The stock has a 50-day moving average price of $57.80 and a 200-day moving average price of $56.45.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The firm also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were issued a dividend of $0.491 per share. The ex-dividend date was Tuesday, June 11th.

Institutional Investors Weigh In On iShares MSCI Emerging Markets ex China ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EMXC. Bank of New York Mellon Corp raised its holdings in iShares MSCI Emerging Markets ex China ETF by 22.7% during the first quarter. Bank of New York Mellon Corp now owns 8,875,287 shares of the company’s stock worth $510,950,000 after purchasing an additional 1,641,911 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 30.8% in the third quarter. Ameriprise Financial Inc. now owns 3,142,892 shares of the company’s stock valued at $156,610,000 after buying an additional 740,308 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 136.9% in the first quarter. Janney Montgomery Scott LLC now owns 1,224,093 shares of the company’s stock valued at $70,471,000 after buying an additional 707,352 shares in the last quarter. TIAA Trust National Association increased its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 54.4% in the first quarter. TIAA Trust National Association now owns 1,986,339 shares of the company’s stock valued at $114,354,000 after buying an additional 699,813 shares in the last quarter. Finally, Cambridge Trust Co. increased its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 34,755.3% in the first quarter. Cambridge Trust Co. now owns 575,112 shares of the company’s stock valued at $33,109,000 after buying an additional 573,462 shares in the last quarter.

iShares MSCI Emerging Markets ex China ETF Company Profile

The iShares MSCI Emerging Markets ex China ETF (EMXC) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks a market-cap- weighted index of emerging-market firms, excluding China. The index covers 85% of the universe by market cap. EMXC was launched on Jul 18, 2017 and is managed by BlackRock.