iShares MSCI BIC ETF (NYSEARCA:BKF) Trading 1.1% Higher – Should You Buy?

iShares MSCI BIC ETF (NYSEARCA:BKF) shares shot up 1.1% on Monday . The stock traded as high as $36.26 and last traded at $36.06. 4,139 shares traded hands during trading, a decline of 16% from the average session volume of 4,922 shares. The stock had previously closed at $35.66.

iShares MSCI BIC ETF Price Performance

The company’s 50-day moving average price is $37.12 and its two-hundred day moving average price is $37.43. The company has a market capitalization of $74.15 million, a price-to-earnings ratio of 12.18 and a beta of 0.78.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Sequoia Financial Advisors LLC purchased a new position in iShares MSCI BIC ETF during the third quarter worth about $202,000. Flow Traders U.S. LLC boosted its holdings in iShares MSCI BIC ETF by 10.5% during the third quarter. Flow Traders U.S. LLC now owns 57,265 shares of the company’s stock worth $2,317,000 after purchasing an additional 5,463 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in iShares MSCI BIC ETF by 29.7% during the third quarter. Jane Street Group LLC now owns 36,544 shares of the company’s stock worth $1,478,000 after purchasing an additional 8,366 shares during the last quarter.

iShares MSCI BIC ETF Company Profile

iShares MSCI BRIC ETF (the Fund), formerly iShares MSCI BRIC Index Fund, is an exchange-traded fund (ETF). The Fund is an exchange-traded fund that seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI BRIC Index (the Index).