iShares MSCI Mexico ETF (NYSEARCA:EWW) Shares Gap Up – Time to Buy?

iShares MSCI Mexico ETF (NYSEARCA:EWW)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $52.16, but opened at $53.40. iShares MSCI Mexico ETF shares last traded at $54.65, with a volume of 1,701,141 shares traded.

iShares MSCI Mexico ETF Stock Up 4.6 %

The stock has a market capitalization of $1.57 billion, a PE ratio of 11.11 and a beta of 0.83. The business’s 50-day moving average is $51.25 and its two-hundred day moving average is $51.22.

Institutional Trading of iShares MSCI Mexico ETF

A number of large investors have recently made changes to their positions in EWW. Principal Financial Group Inc. increased its stake in iShares MSCI Mexico ETF by 334.9% in the third quarter. Principal Financial Group Inc. now owns 50,726 shares of the exchange traded fund’s stock valued at $2,724,000 after purchasing an additional 39,063 shares during the period. Stifel Financial Corp grew its holdings in shares of iShares MSCI Mexico ETF by 8.3% during the third quarter. Stifel Financial Corp now owns 83,632 shares of the exchange traded fund’s stock worth $4,492,000 after buying an additional 6,386 shares during the last quarter. Allianz SE acquired a new position in iShares MSCI Mexico ETF in the 4th quarter valued at about $105,000. Banco Santander S.A. raised its stake in iShares MSCI Mexico ETF by 1.9% during the 4th quarter. Banco Santander S.A. now owns 48,258 shares of the exchange traded fund’s stock valued at $2,259,000 after acquiring an additional 884 shares during the last quarter. Finally, Vontobel Holding Ltd. lifted its position in iShares MSCI Mexico ETF by 117.3% during the 4th quarter. Vontobel Holding Ltd. now owns 21,202 shares of the exchange traded fund’s stock worth $993,000 after acquiring an additional 11,445 shares during the period.

iShares MSCI Mexico ETF Company Profile

iShares MSCI Mexico Capped ETF (the Fund), formerly iShares MSCI Mexico Capped Investable Market Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Mexico IMI 25/50 Index (the Index). The Index consists of stocks traded primarily on the Mexican Stock Exchange.