Arkadios Wealth Advisors Increases Stake in iShares MSCI Emerging Markets ex China ETF

In a recent filing with the Securities and Exchange Commission (SEC), Arkadios Wealth Advisors announced that it has increased its position in the iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) by 10.9% during the fourth quarter. Following this investment, the firm now holds a total of 11,786 shares after acquiring an additional 1,162 shares during the reporting period. By the end of this period, Arkadios Wealth Advisors valued its holdings in EMXC at approximately $654,000.

Other institutional investors have also made notable adjustments to their positions in EMXC recently. For instance, First PREMIER Bank raised its investment in the ETF by a substantial 59.6% during the third quarter. With this increase, the bank's total shares owned reached 2,410, worth around $147,000. Additionally, Continuum Advisory LLC increased its stake by 91.7%, bringing its share count to 2,624 with a valuation of $150,000 after adding 1,255 shares.

Moreover, Gilliland Jeter Wealth Management LLC also boosted its holdings by 53.5% in the same quarter, owning 2,706 shares valued at $165,000 after purchasing 943 extra shares. Ironwood Investment Management LLC made its debut investment in EMXC during the second quarter with a share count valued at approximately $211,000. Heartwood Wealth Advisors LLC likewise expanded its stake in the ETF by 9.6%, ending with 6,396 shares worth around $391,000 after acquiring 561 additional shares.

Performance Overview of iShares MSCI Emerging Markets ex China ETF

The iShares MSCI Emerging Markets ex China ETF opened at $56.21 on a recent trading day. The ETF has seen a one-year low of $53.02 and a peak of $63.25. It recorded a 50-day simple moving average of $57.02 alongside a 200-day simple moving average of $59.00. The overall market capitalization of EMXC stands at $15.42 billion, and it has a price-to-earnings ratio of 12.73, with a beta of 0.88.

Dividend Announcement for iShares MSCI Emerging Markets ex China ETF

Recently, the ETF declared a dividend that was distributed on December 20th. This was in reference to the investors who held shares until the close of trading on December 17th, for which a dividend of $0.9999 per share was issued. The ex-dividend date was also on December 17th.

About iShares MSCI Emerging Markets ex China ETF

The iShares MSCI Emerging Markets ex China ETF is an exchange-traded fund that tracks the MSCI Emerging Markets ex China Index. This index is market-cap weighted and includes firms from various emerging markets while excluding companies based in China. The ETF covers approximately 85% of the total market capitalization in this sector and was launched on July 18, 2017, with management by BlackRock.

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