Bank of New York Mellon Corp Reduces Stock Position in iShares MSCI Emerging Markets ex China ETF $EMXC

Bank of New York Mellon Corp lessened its stake in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) by 25.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,185,613 shares of the company’s stock after selling 2,509,745 shares during the quarter. Bank of New York Mellon Corp owned about 3.89% of iShares MSCI Emerging Markets ex China ETF worth $485,101,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Copia Wealth Management grew its holdings in iShares MSCI Emerging Markets ex China ETF by 2.6% in the 3rd quarter. Copia Wealth Management now owns 52,178 shares of the company’s stock valued at $3,523,000 after buying an additional 1,302 shares in the last quarter. Cullen Frost Bankers Inc. raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 3.6% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 2,609,474 shares of the company’s stock worth $176,166,000 after acquiring an additional 90,776 shares during the period. Root Financial Partners LLC acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF during the 3rd quarter valued at about $553,000. Professional Advisory Services Inc. grew its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 23.7% in the third quarter. Professional Advisory Services Inc. now owns 436,024 shares of the company’s stock valued at $29,436,000 after purchasing an additional 83,429 shares during the period. Finally, Arkadios Wealth Advisors grew its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 4.1% in the third quarter. Arkadios Wealth Advisors now owns 9,632 shares of the company’s stock valued at $650,000 after purchasing an additional 379 shares during the period.

iShares MSCI Emerging Markets ex China ETF Price Performance

Shares of EMXC stock opened at $82.04 on Thursday. The firm’s 50-day moving average is $73.64 and its two-hundred day moving average is $69.36. iShares MSCI Emerging Markets ex China ETF has a 12 month low of $49.60 and a 12 month high of $82.16. The company has a market capitalization of $15.76 billion, a PE ratio of 15.28 and a beta of 0.82.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a dividend of $1.3357 per share. This represents a dividend yield of 384.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

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.