iShares MSCI Chile ETF (BATS:ECH) Reaches New 52-Week Low – Here’s What Happened

iShares MSCI Chile ETF (BATS:ECH)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $25.22 and last traded at $25.60, with a volume of 779533 shares. The stock had previously closed at $25.35.

iShares MSCI Chile ETF Stock Up 1.0 %

The stock has a 50-day moving average of $26.06 and a 200 day moving average of $26.40. The stock has a market cap of $558.08 million, a PE ratio of 4.69 and a beta of 0.85.

Institutional Trading of iShares MSCI Chile ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Itau Unibanco Holding S.A. acquired a new stake in iShares MSCI Chile ETF during the third quarter worth about $2,080,000. Banco Santander S.A. increased its holdings in shares of iShares MSCI Chile ETF by 30.8% during the 3rd quarter. Banco Santander S.A. now owns 229,579 shares of the company’s stock valued at $6,263,000 after purchasing an additional 54,000 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of iShares MSCI Chile ETF in the 2nd quarter valued at $966,000. Sanctuary Advisors LLC acquired a new position in shares of iShares MSCI Chile ETF in the 2nd quarter valued at $695,000. Finally, Florin Court Capital LLP purchased a new stake in iShares MSCI Chile ETF during the second quarter worth $511,000.

iShares MSCI Chile ETF Company Profile

iShares MSCI Chile Capped ETF, formerly iShares MSCI Chile Capped Investable Market Index Fund (the Fund), is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance of the MSCI Chile Investable Market Index (the Index). The Index is a free float-adjusted market capitalization index that is designed to measure broad based equity market performance in Chile.