Cullen Frost Bankers Inc. Acquires 30,269 Shares of iShares MSCI Emerging Markets ETF $EEM

Cullen Frost Bankers Inc. increased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 12.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 267,742 shares of the exchange traded fund’s stock after purchasing an additional 30,269 shares during the period. Cullen Frost Bankers Inc. owned approximately 0.06% of iShares MSCI Emerging Markets ETF worth $14,648,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after purchasing an additional 1,940 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 13.3% in the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after buying an additional 9,437 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $3,957,000. Gamco Investors INC. ET AL bought a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $462,000. Finally, Quantinno Capital Management LP raised its stake in iShares MSCI Emerging Markets ETF by 3.1% in the 2nd quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock valued at $2,117,000 after acquiring an additional 1,320 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $65.46 on Thursday. The firm has a market capitalization of $28.99 billion, a PE ratio of 14.46 and a beta of 0.71. The company’s 50-day moving average is $61.08 and its 200-day moving average is $58.42. iShares MSCI Emerging Markets ETF has a fifty-two week low of $45.23 and a fifty-two week high of $68.15.

iShares MSCI Emerging Markets ETF Company Profile

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.