iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Shares Gap Down – Should You Sell?

Shares of iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) gapped down before the market opened on Tuesday . The stock had previously closed at $58.61, but opened at $56.97. iShares MSCI Emerging Markets ex China ETF shares last traded at $56.91, with a volume of 71,946 shares trading hands.

iShares MSCI Emerging Markets ex China ETF Stock Down 2.6 %

The company has a market cap of $15.76 billion, a PE ratio of 12.73 and a beta of 0.88. The firm has a 50 day simple moving average of $58.90 and a 200-day simple moving average of $59.41.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th will be issued a $0.9999 dividend. The ex-dividend date is Tuesday, December 17th.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Zions Bancorporation N.A. acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF during the second quarter valued at about $65,000. Global Financial Private Client LLC grew its position in iShares MSCI Emerging Markets ex China ETF by 16.8% during the 2nd quarter. Global Financial Private Client LLC now owns 1,424 shares of the company’s stock worth $84,000 after purchasing an additional 205 shares during the last quarter. Gilliland Jeter Wealth Management LLC increased its stake in iShares MSCI Emerging Markets ex China ETF by 65.5% during the 2nd quarter. Gilliland Jeter Wealth Management LLC now owns 1,763 shares of the company’s stock valued at $104,000 after purchasing an additional 698 shares in the last quarter. Rosenberg Matthew Hamilton purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF in the second quarter worth $145,000. Finally, First PREMIER Bank lifted its stake in shares of iShares MSCI Emerging Markets ex China ETF by 59.6% during the third quarter. First PREMIER Bank now owns 2,410 shares of the company’s stock worth $147,000 after buying an additional 900 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.