iShares MSCI Chile ETF (BATS:ECH) Sets New 52-Week Low – Here’s Why

iShares MSCI Chile ETF (BATS:ECH) reached a new 52-week low during trading on Wednesday . The stock traded as low as $25.48 and last traded at $26.25, with a volume of 130335 shares traded. The stock had previously closed at $25.43.

iShares MSCI Chile ETF Stock Up 3.2 %

The firm has a 50 day moving average price of $25.32 and a 200 day moving average price of $25.87. The stock has a market cap of $572.23 million, a P/E ratio of 4.69 and a beta of 0.85.

Hedge Funds Weigh In On iShares MSCI Chile ETF

Large investors have recently added to or reduced their stakes in the company. Whitcomb & Hess Inc. raised its position in shares of iShares MSCI Chile ETF by 0.7% during the 3rd quarter. Whitcomb & Hess Inc. now owns 287,324 shares of the company’s stock valued at $7,838,000 after purchasing an additional 1,962 shares during the period. Banco Santander S.A. increased its stake in iShares MSCI Chile ETF by 30.8% in the 3rd quarter. Banco Santander S.A. now owns 229,579 shares of the company’s stock worth $6,263,000 after buying an additional 54,000 shares in the last quarter. Marotta Asset Management raised its holdings in iShares MSCI Chile ETF by 4.0% during the third quarter. Marotta Asset Management now owns 83,219 shares of the company’s stock valued at $2,270,000 after acquiring an additional 3,178 shares during the period. Itau Unibanco Holding S.A. bought a new stake in iShares MSCI Chile ETF during the third quarter valued at about $2,080,000. Finally, Marshall Wace LLP purchased a new position in shares of iShares MSCI Chile ETF in the second quarter valued at about $966,000.

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.