iShares MSCI Chile ETF (BATS:ECH) Sets New 1-Year Low – Here’s Why

iShares MSCI Chile ETF (BATS:ECH) reached a new 52-week low on Tuesday . The stock traded as low as $25.48 and last traded at $26.60, with a volume of 130335 shares trading hands. The stock had previously closed at $25.43.

iShares MSCI Chile ETF Stock Up 5.1 %

The firm has a fifty day moving average of $25.52 and a 200-day moving average of $25.87. The stock has a market capitalization of $582.54 million, a price-to-earnings ratio of 4.69 and a beta of 0.85.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC acquired a new position in shares of iShares MSCI Chile ETF during the 3rd quarter worth approximately $27,000. Mount Lucas Management LP raised its holdings in shares of iShares MSCI Chile ETF by 13.4% in the third quarter. Mount Lucas Management LP now owns 10,681 shares of the company’s stock worth $291,000 after acquiring an additional 1,263 shares during the last quarter. Whitcomb & Hess Inc. lifted its position in shares of iShares MSCI Chile ETF by 0.5% in the fourth quarter. Whitcomb & Hess Inc. now owns 288,712 shares of the company’s stock valued at $7,229,000 after acquiring an additional 1,388 shares in the last quarter. Verition Fund Management LLC boosted its stake in shares of iShares MSCI Chile ETF by 25.0% during the third quarter. Verition Fund Management LLC now owns 10,000 shares of the company’s stock valued at $273,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Marotta Asset Management increased its position in iShares MSCI Chile ETF by 4.0% during the 3rd quarter. Marotta Asset Management now owns 83,219 shares of the company’s stock worth $2,270,000 after purchasing an additional 3,178 shares in the last quarter.

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.