iShares MSCI BIC ETF (NYSEARCA:BKF) Stock Price Down 0.3% – Here’s What Happened

iShares MSCI BIC ETF (NYSEARCA:BKF) were down 0.3% on Thursday . The stock traded as low as $39.00 and last traded at $39.19. Approximately 1,974 shares changed hands during trading, a decline of 63% from the average daily volume of 5,313 shares. The stock had previously closed at $39.32.

iShares MSCI BIC ETF Stock Down 0.3 %

The stock has a market capitalization of $80.34 million, a price-to-earnings ratio of 12.18 and a beta of 0.78. The firm has a 50-day moving average of $38.15 and a two-hundred day moving average of $36.68.

Institutional Trading of iShares MSCI BIC ETF

A number of institutional investors have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares MSCI BIC ETF in the second quarter valued at approximately $36,000. Sequoia Financial Advisors LLC bought a new position in shares of iShares MSCI BIC ETF during the 3rd quarter valued at $202,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of iShares MSCI BIC ETF by 343.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 117,500 shares of the company’s stock valued at $4,010,000 after purchasing an additional 91,000 shares during the last quarter.

About iShares MSCI BIC ETF

iShares MSCI BRIC ETF (the Fund), formerly iShares MSCI BRIC Index Fund, is an exchange-traded fund (ETF). The Fund is an exchange-traded fund that seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI BRIC Index (the Index).