iShares MSCI Philippines ETF (NYSEARCA:EPHE) Trading Down 1.7% – Time to Sell?

iShares MSCI Philippines ETF (NYSEARCA:EPHE)’s share price dropped 1.7% on Thursday . The company traded as low as $24.83 and last traded at $24.86. Approximately 202,916 shares traded hands during mid-day trading, an increase of 101% from the average daily volume of 101,003 shares. The stock had previously closed at $25.30.

iShares MSCI Philippines ETF Price Performance

The stock has a market cap of $111.51 million, a PE ratio of 12.44 and a beta of 0.52. The stock has a 50-day simple moving average of $25.76 and a 200-day simple moving average of $26.55.

Institutional Investors Weigh In On iShares MSCI Philippines ETF

Several institutional investors have recently bought and sold shares of the business. AlphaCentric Advisors LLC acquired a new position in iShares MSCI Philippines ETF during the 3rd quarter worth approximately $132,000. National Bank of Canada FI purchased a new stake in shares of iShares MSCI Philippines ETF during the third quarter valued at approximately $201,000. JPMorgan Chase & Co. acquired a new position in shares of iShares MSCI Philippines ETF during the third quarter worth $452,000. Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI Philippines ETF during the third quarter worth $471,000. Finally, Mount Lucas Management LP purchased a new position in shares of iShares MSCI Philippines ETF in the third quarter valued at $903,000.

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.