iShares MSCI Chile ETF (BATS:ECH) Sets New 1-Year Low – Should You Sell?

iShares MSCI Chile ETF (BATS:ECH)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as $25.48 and last traded at $28.37, with a volume of 130335 shares trading hands. The stock had previously closed at $25.43.

iShares MSCI Chile ETF Price Performance

The company has a market cap of $617.62 million, a P/E ratio of 4.69 and a beta of 0.85. The business’s 50 day moving average price is $25.86 and its 200-day moving average price is $25.92.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC bought a new stake in shares of iShares MSCI Chile ETF in the third quarter valued at about $27,000. Flow Traders U.S. LLC acquired a new position in iShares MSCI Chile ETF in the third quarter valued at about $236,000. Wolverine Trading LLC bought a new stake in iShares MSCI Chile ETF during the third quarter worth about $237,000. Renaissance Technologies LLC acquired a new stake in iShares MSCI Chile ETF during the second quarter worth about $264,000. Finally, Verition Fund Management LLC lifted its holdings in shares of iShares MSCI Chile ETF by 25.0% during the 3rd quarter. Verition Fund Management LLC now owns 10,000 shares of the company’s stock worth $273,000 after acquiring an additional 2,000 shares during the period.

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.