iShares MSCI Philippines ETF (NYSEARCA:EPHE) Stock Price Down 0.3% – Should You Sell?

iShares MSCI Philippines ETF (NYSEARCA:EPHE) dropped 0.3% on Thursday . The company traded as low as $28.63 and last traded at $28.76. Approximately 12,497 shares changed hands during trading, a decline of 83% from the average daily volume of 73,361 shares. The stock had previously closed at $28.86.

iShares MSCI Philippines ETF Stock Performance

The firm has a market capitalization of $129.42 million, a P/E ratio of 12.44 and a beta of 0.52. The firm’s 50-day moving average is $28.20 and its 200 day moving average is $26.22.

Institutional Investors Weigh In On iShares MSCI Philippines ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Sun Life Financial Inc. lifted its position in iShares MSCI Philippines ETF by 29.0% in the 2nd quarter. Sun Life Financial Inc. now owns 181,200 shares of the company’s stock valued at $4,378,000 after acquiring an additional 40,700 shares in the last quarter. Vista Finance LLC lifted its position in iShares MSCI Philippines ETF by 17.9% in the 2nd quarter. Vista Finance LLC now owns 126,159 shares of the company’s stock valued at $3,048,000 after acquiring an additional 19,177 shares in the last quarter. Primoris Wealth Advisors LLC bought a new stake in iShares MSCI Philippines ETF in the 1st quarter valued at $1,129,000. Janney Montgomery Scott LLC bought a new stake in iShares MSCI Philippines ETF in the 1st quarter valued at $582,000. Finally, Brookstone Capital Management bought a new stake in iShares MSCI Philippines ETF in the 1st quarter valued at $242,000.

About iShares MSCI Philippines ETF

The iShares MSCI Philippines ETF (EPHE) is an exchange-traded fund that is based on the MSCI Philippines IMI 25\u002F50 index, a free float-adjusted market-cap-weighted index of the broader Filipino equity market. EPHE was launched on Sep 28, 2010 and is managed by BlackRock.