iShares MSCI Chile ETF (BATS:ECH) Hits New 12-Month Low – Here’s What Happened

Shares of iShares MSCI Chile ETF (BATS:ECH) hit a new 52-week low on Monday . The stock traded as low as $25.05 and last traded at $25.09, with a volume of 159013 shares. The stock had previously closed at $25.24.

iShares MSCI Chile ETF Price Performance

The firm has a market capitalization of $547.40 million, a price-to-earnings ratio of 4.69 and a beta of 0.85. The company’s 50-day moving average is $26.12 and its 200-day moving average is $26.62.

Hedge Funds Weigh In On iShares MSCI Chile ETF

A number of large investors have recently modified their holdings of ECH. Farther Finance Advisors LLC acquired a new stake in iShares MSCI Chile ETF in the 3rd quarter valued at $27,000. AlphaCentric Advisors LLC purchased a new position in iShares MSCI Chile ETF in the 2nd quarter worth approximately $37,000. SG Americas Securities LLC acquired a new position in shares of iShares MSCI Chile ETF during the first quarter worth $185,000. Mount Lucas Management LP purchased a new position in shares of iShares MSCI Chile ETF in the second quarter valued at $244,000. Finally, Renaissance Technologies LLC purchased a new position in shares of iShares MSCI Chile ETF in the second quarter valued at $264,000.

About iShares MSCI Chile ETF

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.