RiverFront Investment Group LLC Raises Holdings in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC)

RiverFront Investment Group LLC increased its position in shares of iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) by 3.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 255,572 shares of the company’s stock after purchasing an additional 9,350 shares during the quarter. RiverFront Investment Group LLC owned 0.15% of iShares MSCI Emerging Markets ex China ETF worth $14,161,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. SVB Wealth LLC lifted its holdings in iShares MSCI Emerging Markets ex China ETF by 23.1% in the third quarter. SVB Wealth LLC now owns 11,671 shares of the company’s stock valued at $582,000 after acquiring an additional 2,188 shares during the period. Bank of New York Mellon Corp increased its position in shares of iShares MSCI Emerging Markets ex China ETF by 32.5% during the third quarter. Bank of New York Mellon Corp now owns 5,712,670 shares of the company’s stock worth $284,662,000 after purchasing an additional 1,400,540 shares in the last quarter. Ayalon Insurance Comp Ltd. purchased a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the third quarter worth approximately $3,720,000. Arkansas Financial Group Inc. increased its position in shares of iShares MSCI Emerging Markets ex China ETF by 15.8% during the third quarter. Arkansas Financial Group Inc. now owns 111,307 shares of the company’s stock worth $5,546,000 after purchasing an additional 15,176 shares in the last quarter. Finally, Graypoint LLC increased its position in shares of iShares MSCI Emerging Markets ex China ETF by 20.6% during the third quarter. Graypoint LLC now owns 78,489 shares of the company’s stock worth $3,911,000 after purchasing an additional 13,422 shares in the last quarter.

iShares MSCI Emerging Markets ex China ETF Stock Performance

Shares of EMXC traded up $0.41 during trading hours on Friday, hitting $56.51. 1,125,528 shares of the stock were exchanged, compared to its average volume of 2,228,516. The stock’s 50-day moving average price is $56.82 and its two-hundred day moving average price is $54.26. The company has a market cap of $12.79 billion, a price-to-earnings ratio of 12.17 and a beta of 0.88. iShares MSCI Emerging Markets ex China ETF has a 12-month low of $47.76 and a 12-month high of $58.75.

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.