Trek Financial LLC Buys New Holdings in iShares MSCI Thailand ETF $THD

Trek Financial LLC bought a new stake in iShares MSCI Thailand ETF (NYSEARCA:THD) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 11,964 shares of the company’s stock, valued at approximately $714,000.

Several other hedge funds have also recently added to or reduced their stakes in THD. USA Financial Formulas acquired a new stake in iShares MSCI Thailand ETF in the fourth quarter valued at approximately $148,000. Capula Management Ltd acquired a new stake in iShares MSCI Thailand ETF in the third quarter valued at approximately $252,000. Sumitomo Mitsui Trust Group Inc. acquired a new stake in iShares MSCI Thailand ETF in the third quarter valued at approximately $324,000. Sigma Planning Corp acquired a new stake in iShares MSCI Thailand ETF in the fourth quarter valued at approximately $372,000. Finally, Flow Traders U.S. LLC acquired a new stake in iShares MSCI Thailand ETF in the third quarter valued at approximately $411,000. Institutional investors and hedge funds own 67.20% of the company’s stock.

iShares MSCI Thailand ETF Stock Down 1.1%

Shares of NYSEARCA:THD opened at $70.22 on Wednesday. The firm’s 50 day moving average price is $68.86 and its 200 day moving average price is $64.70. The stock has a market cap of $266.84 million, a price-to-earnings ratio of 13.16 and a beta of 0.43. iShares MSCI Thailand ETF has a fifty-two week low of $48.08 and a fifty-two week high of $75.06.

About iShares MSCI Thailand ETF

The iShares MSCI Thailand ETF (THD) is an exchange-traded fund that is based on the MSCI Thailand IMI 25-50 index, a market-cap-weighted index of the Thai equity market. THD was launched on Mar 26, 2008 and is managed by BlackRock.