iShares MSCI Mexico ETF (NYSEARCA:EWW) Reaches New 52-Week Low – Here’s Why

iShares MSCI Mexico ETF (NYSEARCA:EWW)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $48.65 and last traded at $48.71, with a volume of 774324 shares traded. The stock had previously closed at $48.95.

iShares MSCI Mexico ETF Trading Up 0.0 %

The business’s 50 day simple moving average is $52.82 and its two-hundred day simple moving average is $56.11. The firm has a market capitalization of $1.50 billion, a PE ratio of 13.53 and a beta of 0.87.

Hedge Funds Weigh In On iShares MSCI Mexico ETF

Several institutional investors have recently bought and sold shares of EWW. Highline Wealth Partners LLC bought a new position in iShares MSCI Mexico ETF in the third quarter worth approximately $28,000. O Shaughnessy Asset Management LLC acquired a new stake in iShares MSCI Mexico ETF in the first quarter worth about $74,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares MSCI Mexico ETF by 4,737.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,693 shares of the exchange traded fund’s stock worth $96,000 after buying an additional 1,658 shares during the last quarter. Lowe Wealth Advisors LLC increased its holdings in shares of iShares MSCI Mexico ETF by 16.2% in the second quarter. Lowe Wealth Advisors LLC now owns 1,848 shares of the exchange traded fund’s stock valued at $105,000 after purchasing an additional 258 shares during the period. Finally, Centaurus Financial Inc. boosted its holdings in shares of iShares MSCI Mexico ETF by 30.9% in the 3rd quarter. Centaurus Financial Inc. now owns 2,654 shares of the exchange traded fund’s stock valued at $143,000 after acquiring an additional 626 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.