iShares MSCI Chile ETF (BATS:ECH) Reaches New 12-Month Low – Should You Sell?

iShares MSCI Chile ETF (BATS:ECH) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $25.48 and last traded at $28.65, with a volume of 130335 shares trading hands. The stock had previously closed at $25.43.

iShares MSCI Chile ETF Price Performance

The stock has a market capitalization of $629.65 million, a price-to-earnings ratio of 4.69 and a beta of 0.85. The firm’s fifty day moving average is $26.59 and its 200-day moving average is $26.21.

Institutional Investors Weigh In On iShares MSCI Chile ETF

Institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC bought a new stake in iShares MSCI Chile ETF in the third quarter valued at about $27,000. LMR Partners LLP acquired a new position in shares of iShares MSCI Chile ETF in the 4th quarter worth approximately $54,000. Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI Chile ETF in the 3rd quarter valued at approximately $236,000. Wolverine Trading LLC acquired a new stake in shares of iShares MSCI Chile ETF during the 3rd quarter valued at approximately $237,000. Finally, Verition Fund Management LLC lifted its stake in iShares MSCI Chile ETF by 25.0% during the third quarter. Verition Fund Management LLC now owns 10,000 shares of the company’s stock worth $273,000 after purchasing an additional 2,000 shares during the last quarter.

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.