iShares MSCI Chile ETF (BATS:ECH) Sets New 1-Year Low – Should You Sell?

iShares MSCI Chile ETF (BATS:ECH)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as $25.17 and last traded at $25.31, with a volume of 470059 shares trading hands. The stock had previously closed at $25.14.

iShares MSCI Chile ETF Trading Up 0.2 %

The company has a market cap of $551.10 million, a price-to-earnings ratio of 4.69 and a beta of 0.85. The stock has a 50 day moving average price of $26.08 and a two-hundred day moving average price of $26.47.

Institutional Trading of iShares MSCI Chile ETF

A number of hedge funds have recently modified their holdings of ECH. Whitcomb & Hess Inc. increased its stake in iShares MSCI Chile ETF by 4.1% in the second quarter. Whitcomb & Hess Inc. now owns 285,362 shares of the company’s stock valued at $7,382,000 after purchasing an additional 11,236 shares in the last quarter. SG Americas Securities LLC grew its stake in iShares MSCI Chile ETF by 31.5% in the second quarter. SG Americas Securities LLC now owns 9,176 shares of the company’s stock valued at $237,000 after acquiring an additional 2,200 shares during the period. Access Financial Services Inc. raised its position in shares of iShares MSCI Chile ETF by 1.1% during the second quarter. Access Financial Services Inc. now owns 136,234 shares of the company’s stock worth $3,524,000 after purchasing an additional 1,530 shares during the period. AlphaCentric Advisors LLC bought a new stake in iShares MSCI Chile ETF during the 2nd quarter worth approximately $37,000. Finally, Banco Santander S.A. boosted its holdings in shares of iShares MSCI Chile ETF by 22.2% in the second quarter. Banco Santander S.A. now owns 175,579 shares of the company’s stock valued at $4,542,000 after buying an additional 31,856 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.