Cullen Frost Bankers Inc. Boosts Stock Position in iShares Core MSCI Emerging Markets ETF $IEMG

Cullen Frost Bankers Inc. grew its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 0.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,215 shares of the company’s stock after purchasing an additional 189 shares during the period. Cullen Frost Bankers Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $1,454,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Princeton Global Asset Management LLC lifted its stake in iShares Core MSCI Emerging Markets ETF by 2.2% during the second quarter. Princeton Global Asset Management LLC now owns 56,858 shares of the company’s stock worth $3,413,000 after purchasing an additional 1,226 shares in the last quarter. Fairway Wealth LLC raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 14.1% in the second quarter. Fairway Wealth LLC now owns 116,838 shares of the company’s stock valued at $7,014,000 after acquiring an additional 14,442 shares in the last quarter. Bridges Investment Management Inc. raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 0.4% in the first quarter. Bridges Investment Management Inc. now owns 412,869 shares of the company’s stock valued at $22,283,000 after acquiring an additional 1,774 shares in the last quarter. Fifth Third Securities Inc. raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 2.6% in the second quarter. Fifth Third Securities Inc. now owns 57,252 shares of the company’s stock valued at $3,437,000 after acquiring an additional 1,473 shares in the last quarter. Finally, First Merchants Corp raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 1.8% in the second quarter. First Merchants Corp now owns 83,666 shares of the company’s stock valued at $5,022,000 after acquiring an additional 1,453 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Up 0.8%

Shares of NYSEARCA IEMG opened at $67.61 on Friday. The stock has a market cap of $113.10 billion, a P/E ratio of 14.65 and a beta of 0.75. iShares Core MSCI Emerging Markets ETF has a 12-month low of $47.29 and a 12-month high of $67.90. The business’s fifty day simple moving average is $64.77 and its 200-day simple moving average is $60.09.

iShares Core MSCI Emerging Markets ETF Company Profile

The iShares Core MSCI Emerging Markets ETF (IEMG) is an exchange-traded fund that is based on the MSCI Emerging Markets IMI index, a market-cap-weighted index of emerging-market firms, covering 99% of market capitalization. IEMG was launched on Oct 18, 2012 and is managed by BlackRock.