iShares MSCI Mexico ETF (NYSEARCA:EWW) Sees Large Volume Increase – Still a Buy?

iShares MSCI Mexico ETF (NYSEARCA:EWW) shares saw strong trading volume on Friday . 5,366,222 shares changed hands during trading, an increase of 111% from the previous session’s volume of 2,545,569 shares.The stock last traded at $49.28 and had previously closed at $50.02.

iShares MSCI Mexico ETF Trading Down 2.3 %

The firm has a market capitalization of $1.50 billion, a PE ratio of 13.53 and a beta of 0.87. The firm’s fifty day moving average price is $49.18 and its 200 day moving average price is $52.38.

Institutional Investors Weigh In On iShares MSCI Mexico ETF

Several large investors have recently made changes to their positions in the company. Bridgewater Associates LP acquired a new stake in iShares MSCI Mexico ETF in the third quarter valued at approximately $51,470,000. Catalyst Capital Advisors LLC lifted its stake in shares of iShares MSCI Mexico ETF by 16.1% in the 4th quarter. Catalyst Capital Advisors LLC now owns 414,610 shares of the exchange traded fund’s stock valued at $19,412,000 after purchasing an additional 57,381 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in iShares MSCI Mexico ETF by 1.9% in the third quarter. BNP Paribas Financial Markets now owns 371,358 shares of the exchange traded fund’s stock worth $19,946,000 after purchasing an additional 6,775 shares in the last quarter. Millburn Ridgefield Corp boosted its holdings in iShares MSCI Mexico ETF by 10.6% in the third quarter. Millburn Ridgefield Corp now owns 357,229 shares of the exchange traded fund’s stock worth $19,187,000 after purchasing an additional 34,124 shares in the last quarter. Finally, Baker Avenue Asset Management LP raised its holdings in iShares MSCI Mexico ETF by 2.0% during the third quarter. Baker Avenue Asset Management LP now owns 329,045 shares of the exchange traded fund’s stock valued at $17,673,000 after buying an additional 6,521 shares in the last quarter.

iShares MSCI Mexico ETF Company Profile

iShares MSCI Mexico Capped ETF (the Fund), formerly iShares MSCI Mexico Capped Investable Market Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Mexico IMI 25/50 Index (the Index). The Index consists of stocks traded primarily on the Mexican Stock Exchange.