iShares MSCI Chile ETF (BATS:ECH) Hits New 12-Month Low – Here’s Why

Shares of iShares MSCI Chile ETF (BATS:ECH) hit a new 52-week low on Monday . The stock traded as low as $25.89 and last traded at $26.05, with a volume of 226754 shares. The stock had previously closed at $25.64.

iShares MSCI Chile ETF Stock Up 1.6 %

The stock’s fifty day simple moving average is $25.93 and its two-hundred day simple moving average is $26.27. The firm has a market cap of $567.89 million, a PE ratio of 4.69 and a beta of 0.85.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new position in iShares MSCI Chile ETF during the 3rd quarter valued at about $27,000. AlphaCentric Advisors LLC bought a new stake in iShares MSCI Chile ETF in the 2nd quarter worth approximately $37,000. Flow Traders U.S. LLC purchased a new stake in iShares MSCI Chile ETF during the 3rd quarter valued at $236,000. SG Americas Securities LLC lifted its holdings in shares of iShares MSCI Chile ETF by 31.5% during the 2nd quarter. SG Americas Securities LLC now owns 9,176 shares of the company’s stock valued at $237,000 after buying an additional 2,200 shares during the period. Finally, Wolverine Trading LLC bought a new position in shares of iShares MSCI Chile ETF during the 3rd quarter valued at $237,000.

About iShares MSCI Chile ETF

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.