iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Sees Unusually-High Trading Volume – Here’s Why

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) shares saw unusually-strong trading volume on Monday . Approximately 1,720,758 shares traded hands during mid-day trading, a decline of 12% from the previous session’s volume of 1,960,669 shares.The stock last traded at $55.88 and had previously closed at $56.42.

iShares MSCI Emerging Markets ex China ETF Trading Down 0.5 %

The business’s fifty day simple moving average is $56.81 and its 200 day simple moving average is $58.70. The stock has a market cap of $15.39 billion, a price-to-earnings ratio of 12.73 and a beta of 0.88.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $0.9999 dividend. The ex-dividend date was Tuesday, December 17th.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. Marathon Strategic Advisors LLC bought a new stake in iShares MSCI Emerging Markets ex China ETF in the 3rd quarter valued at $497,000. Heartwood Wealth Advisors LLC increased its position in iShares MSCI Emerging Markets ex China ETF by 9.6% during the third quarter. Heartwood Wealth Advisors LLC now owns 6,396 shares of the company’s stock worth $391,000 after buying an additional 561 shares during the last quarter. Versant Capital Management Inc increased its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 5.7% during the 3rd quarter. Versant Capital Management Inc now owns 40,165 shares of the company’s stock worth $2,454,000 after acquiring an additional 2,183 shares during the last quarter. First PREMIER Bank raised its position in shares of iShares MSCI Emerging Markets ex China ETF by 59.6% in the third quarter. First PREMIER Bank now owns 2,410 shares of the company’s stock valued at $147,000 after purchasing an additional 900 shares during the period. Finally, ORG Partners LLC raised its holdings in iShares MSCI Emerging Markets ex China ETF by 3.5% in the 3rd quarter. ORG Partners LLC now owns 21,859 shares of the company’s stock valued at $1,336,000 after acquiring an additional 741 shares during the period.

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.