iShares MSCI Chile ETF (BATS:ECH) Reaches New 1-Year Low – Here’s What Happened

iShares MSCI Chile ETF (BATS:ECH)’s stock price reached a new 52-week low during trading on Friday. The stock traded as low as $34.46 and last traded at $34.5260, with a volume of 352,634 shares. The stock had previously closed at $35.51.

iShares MSCI Chile ETF Stock Performance

The stock has a market cap of $699.32 million, a PE ratio of 12.06 and a beta of 0.74. The business’s fifty day moving average price is $38.80 and its 200-day moving average price is $40.76.

Institutional Investors Weigh In On iShares MSCI Chile ETF

Several institutional investors have recently modified their holdings of ECH. Whitcomb & Hess Inc. grew its position in iShares MSCI Chile ETF by 1.9% in the 2nd quarter. Whitcomb & Hess Inc. now owns 294,301 shares of the company’s stock valued at $11,684,000 after acquiring an additional 5,459 shares during the last quarter. Kapitalo Investimentos Ltda purchased a new position in iShares MSCI Chile ETF in the first quarter worth $6,327,000. Banque Pictet & Cie SA acquired a new stake in iShares MSCI Chile ETF in the third quarter worth about $3,781,000. Cullen Capital Management LLC purchased a new position in shares of iShares MSCI Chile ETF in the second quarter worth $3,521,000. Finally, Dumac Inc. acquired a new position in iShares MSCI Chile ETF in the 1st quarter worth approximately $1,948,000.

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. The Index consists of stocks traded primarily on the Santiago Stock Exchange.