iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) Trading Down 2.1% – Should You Sell?

iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU)’s share price traded down 2.1% during mid-day trading on Friday . The stock traded as low as $43.15 and last traded at $43.38. 5,643 shares were traded during trading, a decline of 81% from the average session volume of 29,139 shares. The stock had previously closed at $44.30.

iShares MSCI Peru and Global Exposure ETF Stock Performance

The firm’s fifty day simple moving average is $42.55 and its 200-day simple moving average is $41.69. The stock has a market cap of $121.46 million, a P/E ratio of 13.94 and a beta of 0.73.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in EPU. NewSquare Capital LLC acquired a new position in shares of iShares MSCI Peru and Global Exposure ETF during the second quarter valued at about $1,086,000. Bank of New York Mellon Corp acquired a new position in shares of iShares MSCI Peru and Global Exposure ETF during the second quarter valued at about $256,000. Finally, Mount Lucas Management LP raised its holdings in shares of iShares MSCI Peru and Global Exposure ETF by 13.1% during the third quarter. Mount Lucas Management LP now owns 20,999 shares of the company’s stock valued at $907,000 after purchasing an additional 2,440 shares during the period.

About iShares MSCI Peru and Global Exposure ETF

The iShares MSCI Peru ETF (EPU) is an exchange-traded fund that is based on the MSCI All Peru Capped index, a market-cap-weighted index of Peruvian firms. EPU was launched on Jun 19, 2009 and is managed by BlackRock.