iShares MSCI Chile ETF (BATS:ECH) Sets New 52-Week Low – Here’s Why

Shares of iShares MSCI Chile ETF (BATS:ECH) hit a new 52-week low on Monday . The company traded as low as $25.17 and last traded at $25.31, with a volume of 470059 shares trading hands. The stock had previously closed at $25.14.

iShares MSCI Chile ETF Trading Up 0.7 %

The firm has a market cap of $551.76 million, a PE ratio of 4.69 and a beta of 0.85. The firm has a 50 day moving average price of $26.11 and a 200-day moving average price of $26.51.

Institutional Trading of iShares MSCI Chile ETF

Several hedge funds have recently modified their holdings of the business. Mount Lucas Management LP acquired a new position in iShares MSCI Chile ETF during the 2nd quarter worth $244,000. Banco Santander S.A. boosted its position in shares of iShares MSCI Chile ETF by 22.2% during the second quarter. Banco Santander S.A. now owns 175,579 shares of the company’s stock worth $4,542,000 after buying an additional 31,856 shares during the period. SG Americas Securities LLC increased its holdings in shares of iShares MSCI Chile ETF by 31.5% during the second quarter. SG Americas Securities LLC now owns 9,176 shares of the company’s stock valued at $237,000 after purchasing an additional 2,200 shares during the period. Renaissance Technologies LLC acquired a new stake in iShares MSCI Chile ETF in the second quarter worth approximately $264,000. Finally, Access Financial Services Inc. raised its holdings in shares of iShares MSCI Chile ETF by 1.1% in the 2nd quarter. Access Financial Services Inc. now owns 136,234 shares of the company’s stock worth $3,524,000 after purchasing an additional 1,530 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.