iShares MSCI Chile ETF (BATS:ECH) Sets New 52-Week Low – Here’s Why

iShares MSCI Chile ETF (BATS:ECH) shares hit a new 52-week low on Monday . The company traded as low as $25.48 and last traded at $26.90, with a volume of 130335 shares changing hands. The stock had previously closed at $25.43.

iShares MSCI Chile ETF Price Performance

The stock’s 50 day simple moving average is $25.60 and its two-hundred day simple moving average is $25.86. The stock has a market cap of $592.33 million, a P/E ratio of 4.69 and a beta of 0.85.

Institutional Trading of iShares MSCI Chile ETF

A number of institutional investors have recently made changes to their positions in ECH. Farther Finance Advisors LLC acquired a new position in iShares MSCI Chile ETF during the third quarter worth $27,000. Wolverine Trading LLC acquired a new position in iShares MSCI Chile ETF during the third quarter worth $237,000. Flow Traders U.S. LLC acquired a new position in iShares MSCI Chile ETF during the third quarter worth $236,000. Verition Fund Management LLC increased its holdings in iShares MSCI Chile ETF by 25.0% during the third quarter. Verition Fund Management LLC now owns 10,000 shares of the company’s stock worth $273,000 after buying an additional 2,000 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new position in iShares MSCI Chile ETF during the second quarter worth $264,000.

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.