iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) Trading Down 2.1% – Here’s What Happened

Shares of iShares MSCI Peru and Global Exposure ETF (NYSEARCA:EPU) dropped 2.1% on Friday . The company traded as low as $43.15 and last traded at $43.38. Approximately 5,643 shares traded hands during trading, a decline of 81% from the average daily volume of 29,139 shares. The stock had previously closed at $44.30.

iShares MSCI Peru and Global Exposure ETF Stock Performance

The company has a market cap of $121.46 million, a P/E ratio of 13.94 and a beta of 0.73. The stock has a 50-day moving average of $42.55 and a two-hundred day moving average of $41.68.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EPU. Mount Lucas Management LP boosted its stake in iShares MSCI Peru and Global Exposure ETF by 13.1% during the 3rd quarter. Mount Lucas Management LP now owns 20,999 shares of the company’s stock valued at $907,000 after purchasing an additional 2,440 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in iShares MSCI Peru and Global Exposure ETF during the 2nd quarter valued at $256,000. Finally, NewSquare Capital LLC purchased a new stake in iShares MSCI Peru and Global Exposure ETF during the 2nd quarter valued at $1,086,000.

iShares MSCI Peru and Global Exposure ETF Company Profile

The iShares MSCI Peru ETF (EPU) is an exchange-traded fund that is based on the MSCI All Peru Capped index, a market-cap-weighted index of Peruvian firms. EPU was launched on Jun 19, 2009 and is managed by BlackRock.