iShares MSCI Mexico ETF (NYSEARCA:EWW) Sees Unusually-High Trading Volume – Here’s Why

Shares of iShares MSCI Mexico ETF (NYSEARCA:EWW) saw an uptick in trading volume on Monday . 790,992 shares changed hands during trading, a decline of 26% from the previous session’s volume of 1,067,677 shares.The stock last traded at $48.13 and had previously closed at $46.84.

iShares MSCI Mexico ETF Trading Down 1.3 %

The stock’s fifty day simple moving average is $50.12 and its 200-day simple moving average is $53.43. The stock has a market capitalization of $1.47 billion, a PE ratio of 13.53 and a beta of 0.87.

Institutional Investors Weigh In On iShares MSCI Mexico ETF

A number of institutional investors have recently added to or reduced their stakes in EWW. Highline Wealth Partners LLC purchased a new position in shares of iShares MSCI Mexico ETF in the 3rd quarter worth about $28,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares MSCI Mexico ETF by 4,737.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,693 shares of the exchange traded fund’s stock worth $96,000 after purchasing an additional 1,658 shares during the last quarter. Centaurus Financial Inc. raised its holdings in shares of iShares MSCI Mexico ETF by 30.9% in the 3rd quarter. Centaurus Financial Inc. now owns 2,654 shares of the exchange traded fund’s stock worth $143,000 after purchasing an additional 626 shares during the period. Headlands Technologies LLC purchased a new position in iShares MSCI Mexico ETF in the second quarter valued at approximately $188,000. Finally, Creative Planning purchased a new position in shares of iShares MSCI Mexico ETF during the 3rd quarter valued at $209,000.

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.