iShares MSCI Mexico ETF (NYSEARCA:EWW) Hits New 12-Month Low – Here’s Why

iShares MSCI Mexico ETF (NYSEARCA:EWW) hit a new 52-week low on Tuesday . The company traded as low as $50.56 and last traded at $50.64, with a volume of 646654 shares. The stock had previously closed at $51.79.

iShares MSCI Mexico ETF Trading Up 2.6 %

The stock has a market cap of $1.64 billion, a PE ratio of 13.53 and a beta of 0.87. The firm has a fifty day simple moving average of $53.38 and a two-hundred day simple moving average of $57.75.

Hedge Funds Weigh In On iShares MSCI Mexico ETF

A number of institutional investors have recently made changes to their positions in EWW. Catalyst Capital Advisors LLC boosted its stake in iShares MSCI Mexico ETF by 10.6% in the third quarter. Catalyst Capital Advisors LLC now owns 357,229 shares of the exchange traded fund’s stock worth $19,187,000 after buying an additional 34,124 shares in the last quarter. Baker Avenue Asset Management LP grew its holdings in shares of iShares MSCI Mexico ETF by 2.0% during the 3rd quarter. Baker Avenue Asset Management LP now owns 329,045 shares of the exchange traded fund’s stock valued at $17,673,000 after purchasing an additional 6,521 shares during the last quarter. SG Americas Securities LLC raised its position in iShares MSCI Mexico ETF by 17.7% in the 1st quarter. SG Americas Securities LLC now owns 253,358 shares of the exchange traded fund’s stock worth $17,560,000 after purchasing an additional 38,018 shares during the period. Jane Street Group LLC lifted its stake in iShares MSCI Mexico ETF by 1,740.5% in the first quarter. Jane Street Group LLC now owns 219,038 shares of the exchange traded fund’s stock worth $15,182,000 after purchasing an additional 207,137 shares during the last quarter. Finally, Rice Partnership LLC grew its stake in shares of iShares MSCI Mexico ETF by 7.3% during the second quarter. Rice Partnership LLC now owns 143,118 shares of the exchange traded fund’s stock valued at $8,102,000 after buying an additional 9,742 shares during the last quarter.

iShares MSCI Mexico ETF Company Profile

iShares MSCI Mexico Capped ETF (the Fund), formerly iShares MSCI Mexico Capped Investable Market Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Mexico IMI 25/50 Index (the Index). The Index consists of stocks traded primarily on the Mexican Stock Exchange.