iShares MSCI Philippines ETF (NYSEARCA:EPHE) Trading Down 1.7% – Should You Sell?

iShares MSCI Philippines ETF (NYSEARCA:EPHE)’s stock price traded down 1.7% during trading on Thursday . The stock traded as low as $24.83 and last traded at $24.86. 202,916 shares were traded during trading, an increase of 101% from the average session volume of 101,003 shares. The stock had previously closed at $25.30.

iShares MSCI Philippines ETF Price Performance

The business has a fifty day simple moving average of $25.76 and a 200 day simple moving average of $26.55. The firm has a market cap of $111.87 million, a price-to-earnings ratio of 12.44 and a beta of 0.52.

Institutional Investors Weigh In On iShares MSCI Philippines ETF

A number of hedge funds have recently modified their holdings of EPHE. AlphaCentric Advisors LLC purchased a new stake in shares of iShares MSCI Philippines ETF in the third quarter valued at about $132,000. National Bank of Canada FI acquired a new stake in shares of iShares MSCI Philippines ETF during the third quarter valued at about $201,000. JPMorgan Chase & Co. acquired a new stake in shares of iShares MSCI Philippines ETF during the third quarter valued at about $452,000. Flow Traders U.S. LLC purchased a new stake in shares of iShares MSCI Philippines ETF in the 3rd quarter valued at approximately $471,000. Finally, Mount Lucas Management LP acquired a new position in shares of iShares MSCI Philippines ETF in the 3rd quarter worth approximately $903,000.

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.