MGB Wealth Management LLC Increases Holdings in iShares MSCI Mexico ETF (NYSEARCA:EWW)

MGB Wealth Management LLC lifted its position in shares of iShares MSCI Mexico ETF (NYSEARCA:EWW) by 6.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 5,051 shares of the exchange traded fund’s stock after acquiring an additional 300 shares during the quarter. MGB Wealth Management LLC’s holdings in iShares MSCI Mexico ETF were worth $350,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in EWW. Anchor Investment Management LLC purchased a new position in shares of iShares MSCI Mexico ETF during the 4th quarter valued at about $30,000. Principal Securities Inc. purchased a new position in shares of iShares MSCI Mexico ETF during the 4th quarter valued at about $33,000. Pacifica Partners Inc. purchased a new position in iShares MSCI Mexico ETF in the 1st quarter worth approximately $34,000. CWM LLC increased its stake in iShares MSCI Mexico ETF by 63.5% in the 1st quarter. CWM LLC now owns 515 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 200 shares during the period. Finally, Allworth Financial LP bought a new stake in shares of iShares MSCI Mexico ETF in the 4th quarter worth approximately $104,000.

iShares MSCI Mexico ETF Stock Performance

Shares of NYSEARCA EWW traded up $1.25 during mid-day trading on Friday, hitting $61.77. 1,233,822 shares of the stock traded hands, compared to its average volume of 2,418,437. iShares MSCI Mexico ETF has a 52 week low of $52.43 and a 52 week high of $71.12. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 13.53 and a beta of 0.87. The stock has a fifty day moving average price of $61.59 and a 200-day moving average price of $65.01.

iShares MSCI Mexico ETF 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.