iShares MSCI Philippines ETF (NYSEARCA:EPHE) Shares Down 2%

iShares MSCI Philippines ETF (NYSEARCA:EPHE) shares were down 2% on Tuesday . The stock traded as low as $26.95 and last traded at $27.00. Approximately 55,292 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 77,537 shares. The stock had previously closed at $27.56.

iShares MSCI Philippines ETF Stock Performance

The firm has a market cap of $121.50 million, a price-to-earnings ratio of 12.44 and a beta of 0.52. The business’s 50-day moving average is $25.68 and its 200-day moving average is $25.92.

Institutional Investors Weigh In On iShares MSCI Philippines ETF

Large investors have recently bought and sold shares of the business. Sun Life Financial Inc. acquired a new stake in iShares MSCI Philippines ETF in the 1st quarter valued at about $3,882,000. Vista Finance LLC grew its stake in shares of iShares MSCI Philippines ETF by 152.3% during the first quarter. Vista Finance LLC now owns 106,982 shares of the company’s stock valued at $2,956,000 after purchasing an additional 64,585 shares during the last quarter. AMG National Trust Bank acquired a new stake in shares of iShares MSCI Philippines ETF in the fourth quarter valued at approximately $1,118,000. Primoris Wealth Advisors LLC bought a new position in iShares MSCI Philippines ETF in the 1st quarter worth approximately $1,129,000. Finally, Hsbc Holdings PLC raised its position in iShares MSCI Philippines ETF by 18.3% in the 4th quarter. Hsbc Holdings PLC now owns 216,950 shares of the company’s stock worth $5,639,000 after purchasing an additional 33,500 shares during the last quarter.

iShares MSCI Philippines ETF Company Profile

The iShares MSCI Philippines ETF (EPHE) is an exchange-traded fund that is based on the MSCI Philippines IMI 25\u002F50 index, a free float-adjusted market-cap-weighted index of the broader Filipino equity market. EPHE was launched on Sep 28, 2010 and is managed by BlackRock.