iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Sees Unusually-High Trading Volume – Should You Buy?

Shares of iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) saw strong trading volume on Thursday . 7,512,504 shares changed hands during mid-day 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 company has a market cap of $15.12 billion, a P/E ratio of 14.51 and a beta of 0.88. The stock’s 50-day moving average price is $56.27 and its 200-day moving average price is $58.32.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.9999 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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

A number of hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 212.4% during the 4th quarter. JPMorgan Chase & Co. now owns 14,529,961 shares of the company’s stock valued at $805,686,000 after acquiring an additional 9,879,078 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in iShares MSCI Emerging Markets ex China ETF during the 3rd quarter worth approximately $52,987,000. Hughes Financial Services LLC acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF in the 4th quarter valued at $36,319,000. OLD Mission Capital LLC boosted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 48.2% during the 4th quarter. OLD Mission Capital LLC now owns 1,727,406 shares of the company’s stock worth $95,785,000 after purchasing an additional 562,175 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in iShares MSCI Emerging Markets ex China ETF by 3.9% in the fourth quarter. Bank of New York Mellon Corp now owns 10,401,633 shares of the company’s stock valued at $576,771,000 after buying an additional 394,782 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.