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

iShares MSCI Chile ETF (BATS:ECH) reached a new 52-week low during mid-day trading 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 0.3 %

The company has a 50-day moving average of $25.89 and a 200 day moving average of $26.23. The firm has a market capitalization of $566.15 million, a PE ratio of 4.69 and a beta of 0.85.

Institutional Trading of iShares MSCI Chile ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Wolverine Trading LLC purchased a new position in shares of iShares MSCI Chile ETF in the third quarter worth about $237,000. Itau Unibanco Holding S.A. bought a new stake in iShares MSCI Chile ETF in the third quarter valued at approximately $2,080,000. Centiva Capital LP bought a new stake in iShares MSCI Chile ETF in the third quarter valued at approximately $464,000. Flow Traders U.S. LLC purchased a new stake in shares of iShares MSCI Chile ETF during the third quarter valued at approximately $236,000. Finally, Verition Fund Management LLC grew its holdings in shares of iShares MSCI Chile ETF by 25.0% in the third quarter. Verition Fund Management LLC now owns 10,000 shares of the company’s stock worth $273,000 after purchasing an additional 2,000 shares during the last quarter.

iShares MSCI Chile ETF Company Profile

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.