iShares MSCI Philippines ETF (NYSEARCA:EPHE) Shares Down 0.1% – Here’s Why

iShares MSCI Philippines ETF (NYSEARCA:EPHE) shares were down 0.1% during mid-day trading on Tuesday . The stock traded as low as $24.80 and last traded at $24.93. Approximately 43,026 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 98,605 shares. The stock had previously closed at $24.96.

iShares MSCI Philippines ETF Stock Up 0.0%

The company has a market capitalization of $99.76 million, a P/E ratio of 10.44 and a beta of 0.61. The business has a fifty day moving average price of $24.62 and a 200 day moving average price of $25.74.

Hedge Funds Weigh In On iShares MSCI Philippines ETF

Large investors have recently bought and sold shares of the company. Sun Life Financial Inc. acquired a new stake in shares of iShares MSCI Philippines ETF in the second quarter valued at approximately $7,566,000. Man Group plc bought a new position in iShares MSCI Philippines ETF in the second quarter valued at $1,657,000. Royal Bank of Canada grew its position in iShares MSCI Philippines ETF by 3,416.6% in the first quarter. Royal Bank of Canada now owns 56,265 shares of the company’s stock valued at $1,423,000 after purchasing an additional 54,665 shares in the last quarter. Florin Court Capital LLP acquired a new stake in iShares MSCI Philippines ETF in the 2nd quarter valued at $877,000. Finally, Mount Lucas Management LP bought a new stake in iShares MSCI Philippines ETF during the 2nd quarter worth about $872,000.

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.