Cumberland Advisors Inc. trimmed its stake in shares of iShares MSCI Chile ETF (BATS:ECH) by 2.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 67,624 shares of the company’s stock after selling 1,760 shares during the period. Cumberland Advisors Inc.’s holdings in iShares MSCI Chile ETF were worth $2,533,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hexavest Inc. grew its position in iShares MSCI Chile ETF by 154.1% during the third quarter. Hexavest Inc. now owns 14,683 shares of the company’s stock valued at $550,000 after buying an additional 8,904 shares during the period. Verde Servicos Internacionais S.A. bought a new stake in iShares MSCI Chile ETF during the third quarter valued at approximately $187,000. Provida Pension Fund Administrator bought a new stake in iShares MSCI Chile ETF during the second quarter valued at approximately $157,000. Morgan Stanley grew its position in iShares MSCI Chile ETF by 1.5% during the second quarter. Morgan Stanley now owns 93,159 shares of the company’s stock valued at $3,806,000 after buying an additional 1,376 shares during the period. Finally, Acadian Asset Management LLC bought a new stake in iShares MSCI Chile ETF during the second quarter valued at approximately $272,000.
Shares of ECH traded up $0.84 during mid-day trading on Friday, reaching $38.73. The stock had a trading volume of 149,321 shares. iShares MSCI Chile ETF has a 12 month low of $41.34 and a 12 month high of $56.53. The business has a fifty day moving average of $36.83 and a 200 day moving average of $39.64.
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.
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