iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Hits New 52-Week High at $62.20

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $62.20 and last traded at $62.12, with a volume of 799120 shares. The stock had previously closed at $61.26.

iShares MSCI Emerging Markets ex China ETF Stock Up 1.7 %

The business’s fifty day moving average price is $59.69 and its 200 day moving average price is $58.55. The firm has a market capitalization of $15.15 billion, a PE ratio of 12.73 and a beta of 0.88.

Institutional Trading of iShares MSCI Emerging Markets ex China ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Country Trust Bank acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF during the 2nd quarter valued at about $25,000. GAMMA Investing LLC acquired a new position in iShares MSCI Emerging Markets ex China ETF during the second quarter worth approximately $26,000. Sugarloaf Wealth Management LLC increased its position in iShares MSCI Emerging Markets ex China ETF by 146.1% during the second quarter. Sugarloaf Wealth Management LLC now owns 694 shares of the company’s stock worth $41,000 after purchasing an additional 412 shares during the last quarter. Zions Bancorporation N.A. purchased a new position in iShares MSCI Emerging Markets ex China ETF during the second quarter worth approximately $65,000. Finally, Global Financial Private Client LLC boosted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 92.3% in the 1st quarter. Global Financial Private Client LLC now owns 1,219 shares of the company’s stock valued at $70,000 after purchasing an additional 585 shares during the last quarter.

About iShares MSCI Emerging Markets ex China ETF

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.