Buttonwood Financial Group LLC Invests $1.52 Million in iShares MSCI Thailand ETF $THD

Buttonwood Financial Group LLC acquired a new stake in shares of iShares MSCI Thailand ETF (NYSEARCA:THD) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 21,049 shares of the company’s stock, valued at approximately $1,522,000. iShares MSCI Thailand ETF accounts for approximately 0.9% of Buttonwood Financial Group LLC’s investment portfolio, making the stock its 18th largest position.

Several other institutional investors and hedge funds have also modified their holdings of THD. Ameriprise Financial Inc. bought a new stake in shares of iShares MSCI Thailand ETF during the second quarter worth $6,136,000. Sparta 24 Ltd. bought a new stake in iShares MSCI Thailand ETF in the 1st quarter valued at $839,000. Trek Financial LLC acquired a new position in iShares MSCI Thailand ETF in the 4th quarter worth $714,000. Hilltop Holdings Inc. acquired a new position in iShares MSCI Thailand ETF in the 1st quarter worth $773,000. Finally, JPMorgan Chase & Co. boosted its stake in iShares MSCI Thailand ETF by 293.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,055 shares of the company’s stock worth $769,000 after purchasing an additional 9,733 shares during the period. 67.20% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Thailand ETF Trading Up 0.5%

THD stock opened at $72.10 on Thursday. The stock has a 50-day moving average price of $72.57 and a two-hundred day moving average price of $71.27. iShares MSCI Thailand ETF has a 1 year low of $57.52 and a 1 year high of $75.06. The stock has a market cap of $364.11 million, a PE ratio of 13.16 and a beta of 0.45.

iShares MSCI Thailand ETF Profile

The iShares MSCI Thailand ETF (THD) is an exchange-traded fund that is based on the MSCI Thailand IMI 25-50 index, a market-cap-weighted index of the Thai equity market. THD was launched on Mar 26, 2008 and is managed by BlackRock.