iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Sees Large Volume Increase

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) shares saw strong trading volume on Wednesday . 4,934,813 shares changed hands during trading, an increase of 143% from the previous session’s volume of 2,032,756 shares.The stock last traded at $58.77 and had previously closed at $59.49.

iShares MSCI Emerging Markets ex China ETF Price Performance

The company has a fifty day moving average of $59.02 and a two-hundred day moving average of $57.20. The stock has a market capitalization of $14.33 billion, a P/E ratio of 12.73 and a beta of 0.88.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

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

Hedge Funds Weigh In On iShares MSCI Emerging Markets ex China ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 5.5% during the second quarter. Bank of New York Mellon Corp now owns 9,363,401 shares of the company’s stock worth $554,313,000 after purchasing an additional 488,114 shares during the period. TIAA Trust National Association raised its stake in iShares MSCI Emerging Markets ex China ETF by 54.4% during the first quarter. TIAA Trust National Association now owns 1,986,339 shares of the company’s stock worth $114,354,000 after acquiring an additional 699,813 shares during the period. Janney Montgomery Scott LLC lifted its holdings in 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 worth $70,471,000 after acquiring an additional 707,352 shares during the last quarter. United Services Automobile Association boosted its stake in iShares MSCI Emerging Markets ex China ETF by 229.8% in the fourth quarter. United Services Automobile Association now owns 767,081 shares of the company’s stock valued at $42,504,000 after acquiring an additional 534,462 shares during the period. Finally, 1ST Source Bank grew its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 21.5% during the first quarter. 1ST Source Bank now owns 745,171 shares of the company’s stock valued at $42,899,000 after purchasing an additional 131,797 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.