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

iShares MSCI Chile ETF (BATS:ECH) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $25.05 and last traded at $25.09, with a volume of 159013 shares trading hands. The stock had previously closed at $25.24.

iShares MSCI Chile ETF Trading Up 1.0 %

The firm has a market cap of $547.40 million, a price-to-earnings ratio of 4.69 and a beta of 0.85. The stock’s fifty day moving average price is $26.12 and its 200-day moving average price is $26.62.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Bcwm LLC raised its holdings in shares of iShares MSCI Chile ETF by 0.8% in the 2nd quarter. Bcwm LLC now owns 114,616 shares of the company’s stock valued at $2,965,000 after purchasing an additional 962 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of iShares MSCI Chile ETF in the 3rd quarter valued at about $27,000. Mount Lucas Management LP raised its position in shares of iShares MSCI Chile ETF by 13.4% during the 3rd 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 in the last quarter. AlphaCentric Advisors LLC purchased a new stake in iShares MSCI Chile ETF during the second quarter worth approximately $37,000. Finally, Access Financial Services Inc. boosted its holdings in iShares MSCI Chile ETF by 1.1% in the second quarter. Access Financial Services Inc. now owns 136,234 shares of the company’s stock valued at $3,524,000 after purchasing an additional 1,530 shares in the last quarter.

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.