iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Reaches New 1-Year Low – Here’s Why

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) shares hit a new 52-week low on Monday . The company traded as low as $53.98 and last traded at $54.34, with a volume of 1743685 shares changing hands. The stock had previously closed at $55.51.

iShares MSCI Emerging Markets ex China ETF Stock Performance

The company’s 50-day moving average price is $56.24 and its 200-day moving average price is $58.22. The firm has a market capitalization of $14.91 billion, a PE ratio of 14.51 and a beta of 0.88.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.9999 per share. The ex-dividend date was Tuesday, December 17th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Nemes Rush Group LLC purchased a new stake in iShares MSCI Emerging Markets ex China ETF during the fourth quarter worth approximately $26,000. Tidemark LLC lifted its position in shares of iShares MSCI Emerging Markets ex China ETF by 14,525.0% during the 4th quarter. Tidemark LLC now owns 585 shares of the company’s stock worth $32,000 after buying an additional 581 shares during the last quarter. Ameriflex Group Inc. acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF in the 4th quarter valued at $37,000. Fourth Dimension Wealth LLC purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF in the 4th quarter valued at $37,000. Finally, GPS Wealth Strategies Group LLC raised its stake in iShares MSCI Emerging Markets ex China ETF by 6,742.9% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 958 shares of the company’s stock worth $53,000 after acquiring an additional 944 shares in 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.