iShares MSCI Chile ETF (BATS:ECH) Reaches New 52-Week Low – Should You Sell?

Shares of iShares MSCI Chile ETF (BATS:ECH) reached a new 52-week low during trading on Monday . The company traded as low as $26.26 and last traded at $26.42, with a volume of 215063 shares. The stock had previously closed at $26.52.

iShares MSCI Chile ETF Trading Down 0.2 %

The business’s 50 day moving average is $26.07 and its 200 day moving average is $26.72. The stock has a market capitalization of $575.96 million, a PE ratio of 4.69 and a beta of 0.85.

Institutional Investors Weigh In On iShares MSCI Chile ETF

Several large investors have recently modified their holdings of ECH. Breakout Capital Partners LP bought a new stake in shares of iShares MSCI Chile ETF in the 4th quarter valued at about $18,360,000. Marshall Wace LLP bought a new position in shares of iShares MSCI Chile ETF during the 2nd quarter worth approximately $966,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares MSCI Chile ETF during the 1st quarter worth approximately $874,000. Banco Santander S.A. raised its stake in shares of iShares MSCI Chile ETF by 22.2% during the 2nd quarter. Banco Santander S.A. now owns 175,579 shares of the company’s stock worth $4,542,000 after acquiring an additional 31,856 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in iShares MSCI Chile ETF during the 2nd quarter worth approximately $695,000.

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.