iShares MSCI Mexico ETF (NYSEARCA:EWW) Shares Gap Up – Should You Buy?

iShares MSCI Mexico ETF (NYSEARCA:EWWGet Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $52.16, but opened at $53.40. iShares MSCI Mexico ETF shares last traded at $54.65, with a volume of 1,701,141 shares trading hands.

iShares MSCI Mexico ETF Trading Down 8.0 %

The business has a 50 day simple moving average of $51.34 and a two-hundred day simple moving average of $51.21. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of 11.11 and a beta of 0.83.

Institutional Trading of iShares MSCI Mexico ETF

Several institutional investors have recently added to or reduced their stakes in EWW. Compass Rose Asset Management LP bought a new stake in shares of iShares MSCI Mexico ETF in the 4th quarter worth about $18,728,000. SG Americas Securities LLC grew its stake in iShares MSCI Mexico ETF by 630.4% in the fourth quarter. SG Americas Securities LLC now owns 273,967 shares of the exchange traded fund’s stock worth $12,827,000 after purchasing an additional 236,458 shares in the last quarter. Nan Fung Trinity HK Ltd. bought a new stake in iShares MSCI Mexico ETF in the fourth quarter valued at about $10,314,000. JPMorgan Chase & Co. raised its stake in iShares MSCI Mexico ETF by 18.1% during the fourth quarter. JPMorgan Chase & Co. now owns 1,272,295 shares of the exchange traded fund’s stock valued at $59,569,000 after buying an additional 194,967 shares in the last quarter. Finally, Balyasny Asset Management L.P. bought a new position in iShares MSCI Mexico ETF during the 4th quarter worth approximately $5,295,000.

About iShares MSCI Mexico ETF

(Get Free Report)

iShares MSCI Mexico Capped ETF (the Fund), formerly iShares MSCI Mexico Capped Investable Market Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Mexico IMI 25/50 Index (the Index). The Index consists of stocks traded primarily on the Mexican Stock Exchange.

Featured Stories

Receive News & Ratings for iShares MSCI Mexico ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Mexico ETF and related companies with MarketBeat.com's FREE daily email newsletter.