iShares MSCI Chile ETF (BATS:ECH) Hits New 12-Month Low – Should You Sell?

iShares MSCI Chile ETF (BATS:ECH)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $25.48 and last traded at $25.64, with a volume of 130335 shares trading hands. The stock had previously closed at $25.43.

iShares MSCI Chile ETF Stock Up 0.7 %

The business has a 50-day simple moving average of $25.30 and a 200-day simple moving average of $25.87. The company has a market cap of $558.15 million, a PE ratio of 4.69 and a beta of 0.85.

Hedge Funds Weigh In On iShares MSCI Chile ETF

Hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC purchased a new position in shares of iShares MSCI Chile ETF in the third quarter valued at approximately $27,000. Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI Chile ETF in the third quarter worth $236,000. Wolverine Trading LLC purchased a new stake in shares of iShares MSCI Chile ETF during the third quarter worth $237,000. Renaissance Technologies LLC acquired a new stake in shares of iShares MSCI Chile ETF in the second quarter valued at $264,000. Finally, Verition Fund Management LLC boosted its holdings in 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 valued at $273,000 after purchasing an additional 2,000 shares during the period.

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.