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

Shares of iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) saw an uptick in trading volume on Friday . 8,289,392 shares traded hands during trading, an increase of 137% from the previous session’s volume of 3,491,829 shares.The stock last traded at $77.85 and had previously closed at $80.19.

iShares MSCI Emerging Markets ex China ETF Price Performance

The stock has a market capitalization of $15.11 billion, a PE ratio of 15.28 and a beta of 0.82. The company has a 50 day moving average price of $81.31 and a 200-day moving average price of $73.99.

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

A number of institutional investors have recently bought and sold shares of EMXC. Cullen Frost Bankers Inc. lifted its holdings in iShares MSCI Emerging Markets ex China ETF by 3.6% in the third quarter. Cullen Frost Bankers Inc. now owns 2,609,474 shares of the company’s stock worth $176,166,000 after buying an additional 90,776 shares during the period. JPMorgan Chase & Co. grew its holdings in iShares MSCI Emerging Markets ex China ETF by 6.0% in the fourth quarter. JPMorgan Chase & Co. now owns 2,336,582 shares of the company’s stock worth $169,823,000 after purchasing an additional 131,459 shares during the period. Russell Investments Group Ltd. increased its stake in shares of iShares MSCI Emerging Markets ex China ETF by 5.2% during the third quarter. Russell Investments Group Ltd. now owns 1,431,332 shares of the company’s stock valued at $96,629,000 after purchasing an additional 71,035 shares in the last quarter. Flow Traders U.S. LLC increased its stake in shares of iShares MSCI Emerging Markets ex China ETF by 184.8% during the second quarter. Flow Traders U.S. LLC now owns 1,342,097 shares of the company’s stock valued at $84,740,000 after purchasing an additional 870,883 shares in the last quarter. Finally, RiverFront Investment Group LLC lifted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 2.6% during the second quarter. RiverFront Investment Group LLC now owns 792,256 shares of the company’s stock valued at $50,023,000 after purchasing an additional 19,703 shares during the last quarter.

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.