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

iShares MSCI Chile ETF (BATS:ECH) shares hit a new 52-week low on Monday . The company traded as low as $25.22 and last traded at $25.60, with a volume of 779533 shares changing hands. The stock had previously closed at $25.35.

iShares MSCI Chile ETF Price Performance

The stock has a market cap of $558.08 million, a price-to-earnings ratio of 4.69 and a beta of 0.85. The business’s 50 day moving average is $26.06 and its 200 day moving average is $26.40.

Institutional Investors Weigh In On iShares MSCI Chile ETF

A number of hedge funds have recently added to or reduced their stakes in ECH. Farther Finance Advisors LLC acquired a new position in iShares MSCI Chile ETF during the third quarter worth about $27,000. AlphaCentric Advisors LLC acquired a new stake in iShares MSCI Chile ETF during the 2nd quarter valued at $37,000. Flow Traders U.S. LLC purchased a new position in iShares MSCI Chile ETF during the third quarter worth $236,000. SG Americas Securities LLC lifted its position in shares of 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 in the last quarter. Finally, Wolverine Trading LLC acquired a new stake in shares of iShares MSCI Chile ETF during the third quarter valued at $237,000.

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.