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

iShares MSCI Chile ETF (BATS:ECH)’s stock price hit a new 52-week low on Wednesday . The company traded as low as $25.48 and last traded at $26.25, with a volume of 130335 shares traded. The stock had previously closed at $25.43.

iShares MSCI Chile ETF Trading Up 4.8 %

The company’s 50 day simple moving average is $25.38 and its 200-day simple moving average is $25.87. The firm has a market cap of $580.86 million, a P/E ratio of 4.69 and a beta of 0.85.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ECH. Farther Finance Advisors LLC bought a new stake in iShares MSCI Chile ETF in the 3rd quarter worth approximately $27,000. Wolverine Trading LLC purchased a new position in shares of iShares MSCI Chile ETF in the 3rd quarter worth $237,000. Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI Chile ETF in the third quarter worth $236,000. Verition Fund Management LLC increased its position in iShares MSCI Chile ETF by 25.0% during the third quarter. Verition Fund Management LLC now owns 10,000 shares of the company’s stock valued at $273,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Renaissance Technologies LLC bought a new position in iShares MSCI Chile ETF in the second quarter valued at about $264,000.

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.