iShares MSCI Philippines ETF (NYSEARCA:EPHE) Trading Down 0.7% – Should You Sell?

iShares MSCI Philippines ETF (NYSEARCA:EPHE)’s stock price fell 0.7% during trading on Wednesday . The stock traded as low as $25.00 and last traded at $25.02. 50,067 shares were traded during mid-day trading, a decline of 44% from the average session volume of 89,015 shares. The stock had previously closed at $25.20.

iShares MSCI Philippines ETF Price Performance

The business’s 50-day simple moving average is $24.63 and its two-hundred day simple moving average is $26.15. The stock has a market cap of $92.57 million, a price-to-earnings ratio of 10.41 and a beta of 0.76.

Hedge Funds Weigh In On iShares MSCI Philippines ETF

Several large investors have recently bought and sold shares of EPHE. State of Tennessee Department of Treasury raised its stake in shares of iShares MSCI Philippines ETF by 3.0% during the fourth quarter. State of Tennessee Department of Treasury now owns 922,323 shares of the company’s stock valued at $23,086,000 after acquiring an additional 26,797 shares during the last quarter. OLD Mission Capital LLC raised its position in iShares MSCI Philippines ETF by 199.8% during the 4th quarter. OLD Mission Capital LLC now owns 223,070 shares of the company’s stock worth $5,583,000 after purchasing an additional 148,666 shares during the last quarter. Castlekeep Investment Advisors LLC bought a new position in iShares MSCI Philippines ETF during the 4th quarter worth $4,199,000. Hsbc Holdings PLC lifted its holdings in iShares MSCI Philippines ETF by 3.4% during the 4th quarter. Hsbc Holdings PLC now owns 129,750 shares of the company’s stock worth $3,248,000 after buying an additional 4,300 shares during the period. Finally, Carrera Capital Advisors bought a new stake in shares of iShares MSCI Philippines ETF in the 4th quarter valued at about $1,983,000.

About iShares MSCI Philippines ETF

The iShares MSCI Philippines ETF (EPHE) is an exchange-traded fund that is based on the MSCI Philippines IMI 25\u002F50 index, a free float-adjusted market-cap-weighted index of the broader Filipino equity market. EPHE was launched on Sep 28, 2010 and is managed by BlackRock.