iShares MSCI Chile ETF (BATS:ECH) Sets New 1-Year Low – What’s Next?

iShares MSCI Chile ETF (BATS:ECH) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $25.48 and last traded at $28.47, with a volume of 130335 shares. The stock had previously closed at $25.43.

iShares MSCI Chile ETF Trading Up 12.1 %

The stock has a market capitalization of $621.69 million, a PE ratio of 4.69 and a beta of 0.85. The stock’s fifty day simple moving average is $26.23 and its 200-day simple moving average is $26.05.

Institutional Investors Weigh In On iShares MSCI Chile ETF

Hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC bought a new stake in shares of iShares MSCI Chile ETF during the 3rd quarter worth $27,000. Wolverine Trading LLC bought a new stake in shares of iShares MSCI Chile ETF during the 3rd quarter worth $237,000. Truxt Investmentos Ltda. bought a new stake in shares of iShares MSCI Chile ETF during the 3rd quarter worth $334,000. Itau Unibanco Holding S.A. bought a new stake in shares of iShares MSCI Chile ETF during the 3rd quarter worth $2,080,000. Finally, Verition Fund Management LLC raised its stake in iShares MSCI Chile ETF by 25.0% in the 3rd quarter. Verition Fund Management LLC now owns 10,000 shares of the company’s stock valued at $273,000 after acquiring an additional 2,000 shares during the period.

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.