iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Shares Gap Down – Here’s What Happened

Shares of iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) gapped down prior to trading 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 stock has a market capitalization of $15.76 billion, a PE ratio of 12.73 and a beta of 0.88. The firm has a 50 day moving average price of $58.90 and a 200-day moving average price of $59.41.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th will be given a dividend of $0.9999 per share. The ex-dividend date of this dividend is Tuesday, December 17th.

Institutional Trading of iShares MSCI Emerging Markets ex China ETF

Several institutional investors and hedge funds have recently bought and sold shares of EMXC. Global Financial Private Client LLC increased its stake in shares of iShares MSCI Emerging Markets ex China ETF by 16.8% in the second quarter. Global Financial Private Client LLC now owns 1,424 shares of the company’s stock worth $84,000 after acquiring an additional 205 shares during the period. Nations Financial Group Inc. IA ADV raised its stake in shares of iShares MSCI Emerging Markets ex China ETF by 2.5% during the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 10,103 shares of the company’s stock valued at $598,000 after buying an additional 251 shares during the last quarter. Mittelman Wealth Management lifted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 6.8% in the 3rd quarter. Mittelman Wealth Management now owns 7,989 shares of the company’s stock valued at $488,000 after buying an additional 508 shares during the period. Heartwood Wealth Advisors LLC boosted its stake in shares of iShares MSCI Emerging Markets ex China ETF by 9.6% in the third quarter. Heartwood Wealth Advisors LLC now owns 6,396 shares of the company’s stock worth $391,000 after buying an additional 561 shares during the last quarter. Finally, Greenwood Gearhart Inc. grew its holdings in iShares MSCI Emerging Markets ex China ETF by 0.3% during the second quarter. Greenwood Gearhart Inc. now owns 206,386 shares of the company’s stock worth $12,218,000 after acquiring an additional 650 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.