Icon Wealth Advisors LLC Acquires 63,821 Shares of iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC)

Icon Wealth Advisors LLC grew its holdings in shares of iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) by 26.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 300,889 shares of the company’s stock after acquiring an additional 63,821 shares during the period. iShares MSCI Emerging Markets ex China ETF comprises approximately 1.5% of Icon Wealth Advisors LLC’s holdings, making the stock its 13th largest position. Icon Wealth Advisors LLC owned about 0.11% of iShares MSCI Emerging Markets ex China ETF worth $18,387,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Country Trust Bank purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF in the second quarter worth $25,000. GAMMA Investing LLC bought a new position in shares of iShares MSCI Emerging Markets ex China ETF during the 2nd quarter valued at about $26,000. Sugarloaf Wealth Management LLC grew its position in shares of 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 valued at $41,000 after purchasing an additional 412 shares in the last quarter. Zions Bancorporation N.A. bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the second quarter worth about $65,000. Finally, Lynx Investment Advisory purchased a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the second quarter worth about $78,000.

iShares MSCI Emerging Markets ex China ETF Stock Performance

EMXC stock opened at $57.70 on Friday. The firm has a fifty day moving average price of $59.75 and a 200 day moving average price of $59.41. iShares MSCI Emerging Markets ex China ETF has a fifty-two week low of $52.43 and a fifty-two week high of $63.25. The firm has a market cap of $16.37 billion, a PE ratio of 12.73 and a beta of 0.88.

iShares MSCI Emerging Markets ex China ETF 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.