iShares MSCI Philippines ETF (NYSEARCA:EPHE) Stock Price Down 0.3% – Should You Sell?

iShares MSCI Philippines ETF (NYSEARCA:EPHE) shares dropped 0.3% on Thursday . The company traded as low as $28.63 and last traded at $28.76. Approximately 12,497 shares traded hands during trading, a decline of 83% from the average daily volume of 73,361 shares. The stock had previously closed at $28.86.

iShares MSCI Philippines ETF Trading Up 0.3 %

The firm has a 50-day moving average of $28.27 and a 200-day moving average of $26.23. The stock has a market capitalization of $129.83 million, a price-to-earnings ratio of 12.44 and a beta of 0.52.

Institutional Investors Weigh In On iShares MSCI Philippines ETF

Large investors have recently bought and sold shares of the company. Sun Life Financial Inc. lifted its stake in iShares MSCI Philippines ETF by 29.0% during the 2nd quarter. Sun Life Financial Inc. now owns 181,200 shares of the company’s stock valued at $4,378,000 after acquiring an additional 40,700 shares during the period. Vista Finance LLC boosted its holdings in iShares MSCI Philippines ETF by 17.9% in the second quarter. Vista Finance LLC now owns 126,159 shares of the company’s stock valued at $3,048,000 after purchasing an additional 19,177 shares during the last quarter. Primoris Wealth Advisors LLC acquired a new stake in iShares MSCI Philippines ETF during the 1st quarter worth about $1,129,000. Janney Montgomery Scott LLC purchased a new position in shares of iShares MSCI Philippines ETF during the 1st quarter valued at about $582,000. Finally, Brookstone Capital Management purchased a new stake in shares of iShares MSCI Philippines ETF in the first quarter worth about $242,000.

About iShares MSCI Philippines ETF

The iShares MSCI Philippines ETF (EPHE) is an exchange-traded fund that is based on the MSCI Philippines IMI 25\u002F50 index, a free float-adjusted market-cap-weighted index of the broader Filipino equity market. EPHE was launched on Sep 28, 2010 and is managed by BlackRock.