Cullen Frost Bankers Inc. Decreases Position in iShares MSCI Emerging Markets ex China ETF $EMXC

Cullen Frost Bankers Inc. trimmed its stake in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) by 2.1% during the 4th quarter, Holdings Channel reports. The firm owned 2,555,605 shares of the company’s stock after selling 53,869 shares during the quarter. iShares MSCI Emerging Markets ex China ETF comprises approximately 2.0% of Cullen Frost Bankers Inc.’s portfolio, making the stock its 10th biggest holding. Cullen Frost Bankers Inc.’s holdings in iShares MSCI Emerging Markets ex China ETF were worth $185,741,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Ayalon Insurance Comp Ltd. increased its position in shares of iShares MSCI Emerging Markets ex China ETF by 12.2% in the fourth quarter. Ayalon Insurance Comp Ltd. now owns 236,812 shares of the company’s stock worth $17,211,000 after purchasing an additional 25,750 shares during the last quarter. Flagship Harbor Advisors LLC increased its position in shares of iShares MSCI Emerging Markets ex China ETF by 62.0% in the fourth quarter. Flagship Harbor Advisors LLC now owns 28,017 shares of the company’s stock worth $2,036,000 after purchasing an additional 10,725 shares during the last quarter. SlateStone Wealth LLC increased its position in shares of iShares MSCI Emerging Markets ex China ETF by 6.8% in the third quarter. SlateStone Wealth LLC now owns 132,643 shares of the company’s stock worth $8,955,000 after purchasing an additional 8,431 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of iShares MSCI Emerging Markets ex China ETF by 30.5% in the fourth quarter. Farther Finance Advisors LLC now owns 512,026 shares of the company’s stock worth $37,214,000 after purchasing an additional 119,737 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of iShares MSCI Emerging Markets ex China ETF by 5.2% in the third quarter. Russell Investments Group Ltd. now owns 1,431,332 shares of the company’s stock worth $96,629,000 after purchasing an additional 71,035 shares during the last quarter.

iShares MSCI Emerging Markets ex China ETF Trading Down 1.6%

EMXC stock opened at $92.02 on Wednesday. The company’s 50 day moving average is $85.77 and its 200 day moving average is $79.55. The stock has a market cap of $22.52 billion, a price-to-earnings ratio of 15.28 and a beta of 0.86. iShares MSCI Emerging Markets ex China ETF has a 1-year low of $58.92 and a 1-year high of $98.31.

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.