iShares MSCI Philippines ETF (NYSEARCA:EPHE) Shares Down 0.7% – Here’s What Happened

iShares MSCI Philippines ETF (NYSEARCA:EPHE) shares fell 0.7% on Wednesday . The company traded as low as $25.00 and last traded at $25.02. 50,067 shares changed hands during trading, a decline of 44% from the average session volume of 89,015 shares. The stock had previously closed at $25.20.

iShares MSCI Philippines ETF Stock Performance

The company has a market cap of $92.43 million, a PE ratio of 10.41 and a beta of 0.76. The firm’s 50 day moving average is $24.65 and its 200-day moving average is $26.12.

Hedge Funds Weigh In On iShares MSCI Philippines ETF

Several large investors have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of iShares MSCI Philippines ETF during the 3rd quarter worth about $935,000. Flow Traders U.S. LLC acquired a new position in iShares MSCI Philippines ETF in the 3rd quarter valued at $471,000. JPMorgan Chase & Co. purchased a new position in iShares MSCI Philippines ETF during the third quarter worth about $452,000. National Bank of Canada FI purchased a new position in shares of iShares MSCI Philippines ETF during the 3rd quarter worth approximately $201,000. Finally, Carrera Capital Advisors acquired a new stake in iShares MSCI Philippines ETF in the fourth quarter valued at $1,983,000.

iShares MSCI Philippines ETF Company Profile

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.