Golden State Wealth Management LLC Sells 2,114 Shares of iShares MSCI Emerging Markets ex China ETF $EMXC

Golden State Wealth Management LLC lowered its holdings in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) by 50.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,040 shares of the company’s stock after selling 2,114 shares during the quarter. Golden State Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ex China ETF were worth $129,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in EMXC. United Services Automobile Association bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the 1st quarter valued at approximately $293,371,000. Partners Capital Investment Group LLP grew its position in iShares MSCI Emerging Markets ex China ETF by 12.2% in the first quarter. Partners Capital Investment Group LLP now owns 4,000,438 shares of the company’s stock valued at $220,384,000 after acquiring an additional 433,786 shares during the period. Cullen Frost Bankers Inc. raised its stake in iShares MSCI Emerging Markets ex China ETF by 2.5% during the second quarter. Cullen Frost Bankers Inc. now owns 2,518,698 shares of the company’s stock worth $159,031,000 after acquiring an additional 61,558 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 6.3% during the first quarter. Russell Investments Group Ltd. now owns 1,424,609 shares of the company’s stock valued at $78,482,000 after acquiring an additional 84,033 shares during the period. Finally, Hughes Financial Services LLC boosted its stake in shares of iShares MSCI Emerging Markets ex China ETF by 3.2% in the 1st quarter. Hughes Financial Services LLC now owns 676,018 shares of the company’s stock valued at $37,445,000 after purchasing an additional 21,036 shares in the last quarter.

iShares MSCI Emerging Markets ex China ETF Stock Performance

EMXC opened at $71.02 on Friday. The firm has a market cap of $13.12 billion, a price-to-earnings ratio of 15.28 and a beta of 0.82. The firm’s 50-day simple moving average is $68.59 and its 200-day simple moving average is $64.01. iShares MSCI Emerging Markets ex China ETF has a twelve month low of $49.60 and a twelve month high of $73.24.

iShares MSCI Emerging Markets ex China ETF 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.