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

Shares of iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) saw unusually-strong trading volume on Tuesday . Approximately 4,734,793 shares changed hands during mid-day trading, an increase of 102% from the previous session’s volume of 2,341,881 shares.The stock last traded at $59.57 and had previously closed at $60.11.

iShares MSCI Emerging Markets ex China ETF Stock Performance

The company’s 50 day moving average is $55.76 and its 200 day moving average is $56.49. The firm has a market cap of $15.41 billion, a P/E ratio of 14.92 and a beta of 0.88.

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

Large investors have recently added to or reduced their stakes in the business. Nemes Rush Group LLC bought a new stake in iShares MSCI Emerging Markets ex China ETF in the fourth quarter worth about $26,000. Tidemark LLC grew its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 14,525.0% during the fourth quarter. Tidemark LLC now owns 585 shares of the company’s stock worth $32,000 after purchasing an additional 581 shares in the last quarter. SouthState Corp bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the 1st quarter worth $35,000. Fourth Dimension Wealth LLC purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF during the 4th quarter valued at about $37,000. Finally, Ameriflex Group Inc. bought a new position in shares of iShares MSCI Emerging Markets ex China ETF during the 4th quarter valued at $37,000.

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.