iShares MSCI Chile ETF (BATS:ECH) Sets New 12-Month Low – Here’s Why

iShares MSCI Chile ETF (BATS:ECH)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $26.79 and last traded at $26.84, with a volume of 167856 shares trading hands. The stock had previously closed at $26.98.

iShares MSCI Chile ETF Stock Down 0.5 %

The company has a market cap of $585.11 million, a P/E ratio of 4.69 and a beta of 0.85. The stock has a 50 day moving average price of $26.35 and a two-hundred day moving average price of $26.69.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ECH. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of iShares MSCI Chile ETF in the first quarter valued at about $874,000. GSA Capital Partners LLP grew its position in shares of iShares MSCI Chile ETF by 30.3% during the 1st quarter. GSA Capital Partners LLP now owns 45,052 shares of the company’s stock worth $1,197,000 after purchasing an additional 10,485 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of iShares MSCI Chile ETF during the first quarter worth approximately $185,000. Banco Santander S.A. increased its holdings in shares of iShares MSCI Chile ETF by 11.5% during the first quarter. Banco Santander S.A. now owns 143,723 shares of the company’s stock worth $3,819,000 after purchasing an additional 14,800 shares during the period. Finally, Whitcomb & Hess Inc. raised its position in shares of iShares MSCI Chile ETF by 4.1% in the second quarter. Whitcomb & Hess Inc. now owns 285,362 shares of the company’s stock valued at $7,382,000 after buying an additional 11,236 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.