iShares MSCI Chile ETF (BATS:ECH) Hits New 12-Month Low at $25.59

Shares of iShares MSCI Chile ETF (BATS:ECH) reached a new 52-week low during trading on Monday . The company traded as low as $25.59 and last traded at $25.60, with a volume of 123345 shares traded. The stock had previously closed at $25.60.

iShares MSCI Chile ETF Stock Performance

The firm has a market cap of $559.82 million, a P/E ratio of 4.69 and a beta of 0.85. The firm’s fifty day moving average is $26.35 and its 200 day moving average is $26.56.

Hedge Funds Weigh In On iShares MSCI Chile ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC acquired a new position in shares of iShares MSCI Chile ETF during the second quarter worth $264,000. Bcwm LLC grew its position 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 buying an additional 962 shares during the last quarter. Mount Lucas Management LP bought a new position in shares of iShares MSCI Chile ETF during the second quarter worth about $244,000. Florin Court Capital LLP acquired a new stake in iShares MSCI Chile ETF during the 2nd quarter valued at approximately $511,000. Finally, Banco Santander S.A. raised its holdings in iShares MSCI Chile ETF by 22.2% during the 2nd 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 last quarter.

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.