iShares MSCI Mexico ETF (NYSEARCA:EWW) Sets New 12-Month Low – What’s Next?

Shares of iShares MSCI Mexico ETF (NYSEARCA:EWW) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $48.34 and last traded at $48.56, with a volume of 1520457 shares trading hands. The stock had previously closed at $49.62.

iShares MSCI Mexico ETF Trading Up 1.9 %

The firm has a market cap of $1.50 billion, a PE ratio of 13.53 and a beta of 0.87. The company’s 50-day moving average is $51.57 and its 200 day moving average is $54.35.

Institutional Trading of iShares MSCI Mexico ETF

Several hedge funds and other institutional investors have recently modified their holdings of EWW. Bridgewater Associates LP acquired a new position in shares of iShares MSCI Mexico ETF during the 3rd quarter worth $51,470,000. Quadrature Capital Ltd acquired a new position in iShares MSCI Mexico ETF during the third quarter worth $9,999,000. DRW Securities LLC bought a new position in iShares MSCI Mexico ETF during the third quarter valued at about $4,482,000. Bank of Montreal Can boosted its stake in shares of iShares MSCI Mexico ETF by 457.2% during the 2nd quarter. Bank of Montreal Can now owns 91,302 shares of the exchange traded fund’s stock worth $5,169,000 after acquiring an additional 74,916 shares in the last quarter. Finally, Catalyst Capital Advisors LLC increased its holdings in shares of iShares MSCI Mexico ETF by 27.6% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 323,105 shares of the exchange traded fund’s stock valued at $18,291,000 after acquiring an additional 69,792 shares during the last quarter.

iShares MSCI Mexico ETF Company 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.