Cullen Frost Bankers Inc. Increases Stock Holdings in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC)

Cullen Frost Bankers Inc. grew its holdings in shares of iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) by 7.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,267,834 shares of the company’s stock after buying an additional 149,004 shares during the period. iShares MSCI Emerging Markets ex China ETF accounts for approximately 1.7% of Cullen Frost Bankers Inc.’s holdings, making the stock its 7th biggest position. Cullen Frost Bankers Inc.’s holdings in iShares MSCI Emerging Markets ex China ETF were worth $125,751,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of EMXC. Mainstream Capital Management LLC purchased a new stake in iShares MSCI Emerging Markets ex China ETF during the 4th quarter valued at about $105,000. Synergy Investment Management LLC purchased a new stake in iShares MSCI Emerging Markets ex China ETF during the 4th quarter valued at about $2,949,000. Jones Financial Companies Lllp grew its position in iShares MSCI Emerging Markets ex China ETF by 61.7% during the 4th quarter. Jones Financial Companies Lllp now owns 60,444 shares of the company’s stock valued at $3,352,000 after purchasing an additional 23,074 shares during the last quarter. SVB Wealth LLC purchased a new stake in iShares MSCI Emerging Markets ex China ETF during the 4th quarter valued at about $412,000. Finally, Sentinel Trust Co. LBA grew its position in iShares MSCI Emerging Markets ex China ETF by 17.4% during the 4th quarter. Sentinel Trust Co. LBA now owns 461,600 shares of the company’s stock valued at $25,596,000 after purchasing an additional 68,500 shares during the last quarter.

iShares MSCI Emerging Markets ex China ETF Stock Performance

Shares of EMXC stock opened at $55.74 on Thursday. iShares MSCI Emerging Markets ex China ETF has a one year low of $53.99 and a one year high of $63.25. The company’s 50-day moving average is $56.27 and its 200 day moving average is $58.32. The company has a market capitalization of $15.29 billion, a price-to-earnings ratio of 14.51 and a beta of 0.88.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $0.9999 per share. The ex-dividend date was Tuesday, December 17th.

About iShares MSCI Emerging Markets ex China ETF

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.