Sun Life Financial Inc. Sells 23,600 Shares of iShares MSCI Philippines ETF (NYSEARCA:EPHE)

Sun Life Financial Inc. decreased its holdings in iShares MSCI Philippines ETF (NYSEARCA:EPHE) by 11.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 191,200 shares of the company’s stock after selling 23,600 shares during the quarter. iShares MSCI Philippines ETF accounts for approximately 0.3% of Sun Life Financial Inc.’s investment portfolio, making the stock its 29th biggest holding. Sun Life Financial Inc. owned 4.25% of iShares MSCI Philippines ETF worth $4,786,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in iShares MSCI Philippines ETF during the third quarter worth $935,000. National Bank of Canada FI bought a new stake in shares of iShares MSCI Philippines ETF in the 3rd quarter worth $201,000. JPMorgan Chase & Co. bought a new stake in shares of iShares MSCI Philippines ETF in the 3rd quarter worth $452,000. SBI Securities Co. Ltd. bought a new stake in shares of iShares MSCI Philippines ETF in the 4th quarter worth $678,000. Finally, Carrera Capital Advisors purchased a new stake in shares of iShares MSCI Philippines ETF in the fourth quarter valued at about $1,983,000.

iShares MSCI Philippines ETF Stock Performance

Shares of EPHE stock opened at $23.83 on Friday. iShares MSCI Philippines ETF has a 52-week low of $23.08 and a 52-week high of $30.00. The company has a 50-day simple moving average of $24.68 and a two-hundred day simple moving average of $26.01. The company has a market capitalization of $88.17 million, a price-to-earnings ratio of 10.41 and a beta of 0.76.

iShares MSCI Philippines ETF Profile

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.