iShares MSCI Chile ETF (BATS:ECH) Sets New 1-Year Low – Time to Sell?

iShares MSCI Chile ETF (BATS:ECH)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $25.07 and last traded at $25.47, with a volume of 417462 shares trading hands. The stock had previously closed at $24.97.

iShares MSCI Chile ETF Price Performance

The stock has a 50 day simple moving average of $26.13 and a two-hundred day simple moving average of $26.55. The company has a market capitalization of $555.46 million, a price-to-earnings ratio of 4.69 and a beta of 0.85.

Institutional Investors Weigh In On iShares MSCI Chile ETF

Several institutional investors have recently added to or reduced their stakes in ECH. SG Americas Securities LLC acquired a new stake in iShares MSCI Chile ETF during the first quarter worth approximately $185,000. Whitcomb & Hess Inc. raised its stake in iShares MSCI Chile ETF by 4.1% during the 2nd quarter. Whitcomb & Hess Inc. now owns 285,362 shares of the company’s stock worth $7,382,000 after acquiring an additional 11,236 shares in the last quarter. Access Financial Services Inc. boosted its stake in iShares MSCI Chile ETF by 1.1% in the second quarter. Access Financial Services Inc. now owns 136,234 shares of the company’s stock valued at $3,524,000 after acquiring an additional 1,530 shares in the last quarter. AlphaCentric Advisors LLC purchased a new position in shares of iShares MSCI Chile ETF during the second quarter worth about $37,000. Finally, Banco Santander S.A. grew its holdings in shares of iShares MSCI Chile ETF by 22.2% during the second quarter. Banco Santander S.A. now owns 175,579 shares of the company’s stock worth $4,542,000 after purchasing an additional 31,856 shares during the last quarter.

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.