iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Sees Large Volume Increase – Should You Buy?

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) saw strong trading volume on Thursday . 7,512,504 shares changed hands during trading, an increase of 167% from the previous session’s volume of 2,810,613 shares.The stock last traded at $55.23 and had previously closed at $55.74.

iShares MSCI Emerging Markets ex China ETF Trading Down 1.1 %

The stock has a market capitalization of $15.12 billion, a PE ratio of 14.51 and a beta of 0.88. The company has a 50 day simple moving average of $56.27 and a 200 day simple moving average of $58.32.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The firm also recently disclosed 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 of this dividend was Tuesday, December 17th.

Institutional Trading of iShares MSCI Emerging Markets ex China ETF

Hedge funds have recently bought and sold shares of the company. Ameriflex Group Inc. purchased a new stake in iShares MSCI Emerging Markets ex China ETF during the fourth quarter worth approximately $37,000. Fourth Dimension Wealth LLC bought a new stake in iShares MSCI Emerging Markets ex China ETF during the fourth quarter valued at $37,000. Novem Group bought a new position in iShares MSCI Emerging Markets ex China ETF in the fourth quarter worth about $479,000. Weitzel Financial Services Inc. lifted its stake in iShares MSCI Emerging Markets ex China ETF by 3.6% in the fourth quarter. Weitzel Financial Services Inc. now owns 49,487 shares of the company’s stock valued at $2,765,000 after buying an additional 1,719 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 36.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 8,625 shares of the company’s stock valued at $478,000 after buying an additional 2,290 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.