iShares MSCI Chile ETF (BATS:ECH) Hits New 1-Year Low at $26.57

Shares of iShares MSCI Chile ETF (BATS:ECH) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $26.57 and last traded at $26.17, with a volume of 294552 shares traded. The stock had previously closed at $26.75.

iShares MSCI Chile ETF Price Performance

The company’s 50-day moving average price is $26.13 and its 200-day moving average price is $26.07. The company has a market cap of $570.15 million, a P/E ratio of 8.48 and a beta of 0.91.

Institutional Investors Weigh In On iShares MSCI Chile ETF

Several large investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC boosted its holdings in iShares MSCI Chile ETF by 362.2% during the third quarter. Tower Research Capital LLC TRC now owns 1,077 shares of the company’s stock worth $26,000 after purchasing an additional 844 shares during the last quarter. Comerica Bank acquired a new position in iShares MSCI Chile ETF during the third quarter worth $29,000. Global Retirement Partners LLC acquired a new position in iShares MSCI Chile ETF during the fourth quarter worth $30,000. Eagle Bay Advisors LLC acquired a new position in iShares MSCI Chile ETF during the second quarter worth $31,000. Finally, Citigroup Inc. acquired a new position in iShares MSCI Chile ETF during the third quarter worth $53,000.

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.