Cullen Frost Bankers Inc. Has $105.35 Million Stock Position in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC)

Cullen Frost Bankers Inc. boosted its holdings in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) by 274.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,779,506 shares of the company’s stock after acquiring an additional 1,304,571 shares during the period. iShares MSCI Emerging Markets ex China ETF comprises about 1.5% of Cullen Frost Bankers Inc.’s investment portfolio, making the stock its 10th biggest holding. Cullen Frost Bankers Inc. owned about 0.73% of iShares MSCI Emerging Markets ex China ETF worth $105,347,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Country Trust Bank acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF during the second quarter valued at $25,000. GAMMA Investing LLC bought a new stake in iShares MSCI Emerging Markets ex China ETF in the 2nd quarter valued at about $26,000. Sugarloaf Wealth Management LLC lifted its position in iShares MSCI Emerging Markets ex China ETF by 146.1% in the 2nd quarter. Sugarloaf Wealth Management LLC now owns 694 shares of the company’s stock valued at $41,000 after purchasing an additional 412 shares during the last quarter. Global Financial Private Client LLC boosted its stake in iShares MSCI Emerging Markets ex China ETF by 92.3% during the 1st quarter. Global Financial Private Client LLC now owns 1,219 shares of the company’s stock valued at $70,000 after purchasing an additional 585 shares during the period. Finally, Lynx Investment Advisory bought a new position in iShares MSCI Emerging Markets ex China ETF in the 2nd quarter worth about $78,000.

iShares MSCI Emerging Markets ex China ETF Price Performance

Shares of NASDAQ EMXC traded down $1.20 during midday trading on Friday, reaching $58.41. 5,479,989 shares of the company traded hands, compared to its average volume of 2,336,676. The stock has a 50-day moving average price of $59.83 and a 200 day moving average price of $58.24. The company has a market cap of $14.20 billion, a price-to-earnings ratio of 12.73 and a beta of 0.88. iShares MSCI Emerging Markets ex China ETF has a 52 week low of $47.76 and a 52 week high of $62.18.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

The business also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a $0.491 dividend. The ex-dividend date was Tuesday, June 11th.

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.