iShares MSCI Chile ETF (BATS:ECH) Hits New 52-Week Low – Time to Sell?

Shares of iShares MSCI Chile ETF (BATS:ECH) reached a new 52-week low on Monday . The stock traded as low as $25.48 and last traded at $28.37, with a volume of 130335 shares. The stock had previously closed at $25.43.

iShares MSCI Chile ETF Stock Performance

The firm has a market capitalization of $616.59 million, a PE ratio of 4.69 and a beta of 0.85. The business’s fifty day simple moving average is $25.97 and its 200-day simple moving average is $25.96.

Hedge Funds Weigh In On iShares MSCI Chile ETF

Several institutional investors have recently bought and sold shares of ECH. Farther Finance Advisors LLC purchased a new stake in shares of iShares MSCI Chile ETF during the 3rd quarter worth approximately $27,000. Wolverine Trading LLC bought a new position in iShares MSCI Chile ETF during the third quarter valued at $237,000. Truxt Investmentos Ltda. purchased a new position in shares of iShares MSCI Chile ETF in the 3rd quarter worth $334,000. Itau Unibanco Holding S.A. bought a new stake in shares of iShares MSCI Chile ETF in the 3rd quarter worth about $2,080,000. Finally, Verition Fund Management LLC raised its position in shares of iShares MSCI Chile ETF by 25.0% during the 3rd quarter. Verition Fund Management LLC now owns 10,000 shares of the company’s stock valued at $273,000 after buying an additional 2,000 shares in the last quarter.

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.