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

Shares of iShares MSCI Chile ETF (BATS:ECH) reached a new 52-week low on Monday . The company traded as low as $25.51 and last traded at $25.56, with a volume of 193228 shares changing hands. The stock had previously closed at $25.76.

iShares MSCI Chile ETF Stock Down 0.7 %

The company has a market capitalization of $557.86 million, a P/E ratio of 4.69 and a beta of 0.85. The company’s 50-day moving average is $25.85 and its two-hundred day moving average is $26.16.

Hedge Funds Weigh In On iShares MSCI Chile ETF

Hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC lifted its stake in shares of iShares MSCI Chile ETF by 31.5% in the 2nd quarter. SG Americas Securities LLC now owns 9,176 shares of the company’s stock valued at $237,000 after purchasing an additional 2,200 shares during the last quarter. Access Financial Services Inc. increased its holdings in iShares MSCI Chile ETF by 1.1% in the 2nd quarter. Access Financial Services Inc. now owns 136,234 shares of the company’s stock worth $3,524,000 after acquiring an additional 1,530 shares in the last quarter. AlphaCentric Advisors LLC acquired a new stake in shares of iShares MSCI Chile ETF in the second quarter valued at about $37,000. Banco Santander S.A. raised its stake in iShares MSCI Chile ETF by 22.2% during the second quarter. Banco Santander S.A. now owns 175,579 shares of the company’s stock worth $4,542,000 after purchasing an additional 31,856 shares during the period. Finally, Florin Court Capital LLP acquired a new stake in shares of iShares MSCI Chile ETF during the 2nd quarter worth about $511,000.

About iShares MSCI Chile ETF

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.