iShares MSCI Chile ETF (BATS:ECH) Reaches New 1-Year Low at $26.41

iShares MSCI Chile ETF (BATS:ECH)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $26.41 and last traded at $26.66, with a volume of 385977 shares changing hands. The stock had previously closed at $26.04.

iShares MSCI Chile ETF Trading Up 2.2 %

The company’s fifty day simple moving average is $25.34 and its 200-day simple moving average is $28.01. The stock has a market cap of $583.87 million, a P/E ratio of 8.48 and a beta of 0.91.

Institutional Investors Weigh In On iShares MSCI Chile ETF

Several institutional investors and hedge funds have recently made changes to their positions in ECH. HighTower Advisors LLC acquired a new stake in shares of iShares MSCI Chile ETF in the 1st quarter valued at $459,000. Renaissance Technologies LLC acquired a new position in iShares MSCI Chile ETF during the 1st quarter worth about $477,000. Royal Bank of Canada lifted its position in iShares MSCI Chile ETF by 113.2% during the 1st quarter. Royal Bank of Canada now owns 169,069 shares of the company’s stock worth $4,914,000 after buying an additional 89,781 shares in the last quarter. Bank of America Corp DE lifted its position in iShares MSCI Chile ETF by 58.2% during the 1st quarter. Bank of America Corp DE now owns 142,996 shares of the company’s stock worth $4,156,000 after buying an additional 52,632 shares in the last quarter. Finally, UBS Group AG lifted its position in iShares MSCI Chile ETF by 283.4% during the 2nd quarter. UBS Group AG now owns 84,649 shares of the company’s stock worth $2,038,000 after buying an additional 62,569 shares in the last quarter.

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.