The Manufacturers Life Insurance Company reduced its holdings in shares of iShares MSCI Mexico ETF (NYSEARCA:EWW – Free Report) by 25.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 224,042 shares of the exchange traded fund’s stock after selling 74,862 shares during the quarter. The Manufacturers Life Insurance Company owned approximately 0.87% of iShares MSCI Mexico ETF worth $16,864,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. IFP Advisors Inc boosted its holdings in iShares MSCI Mexico ETF by 18.4% during the second quarter. IFP Advisors Inc now owns 4,318 shares of the exchange traded fund’s stock worth $325,000 after purchasing an additional 671 shares during the last quarter. Compass Financial Management LLC acquired a new stake in iShares MSCI Mexico ETF in the 2nd quarter valued at $98,000. Tranquilli Financial Advisor LLC increased its stake in iShares MSCI Mexico ETF by 4.6% in the 2nd quarter. Tranquilli Financial Advisor LLC now owns 6,331 shares of the exchange traded fund’s stock valued at $477,000 after buying an additional 279 shares during the last quarter. Advocacy Wealth Management LLC bought a new stake in iShares MSCI Mexico ETF during the 2nd quarter worth about $3,546,000. Finally, F&V Capital Management LLC bought a new stake in iShares MSCI Mexico ETF during the 2nd quarter worth about $1,176,000.
iShares MSCI Mexico ETF Price Performance
iShares MSCI Mexico ETF stock opened at $75.38 on Friday. The firm has a 50-day moving average of $76.04 and a 200-day moving average of $76.52. iShares MSCI Mexico ETF has a one year low of $64.18 and a one year high of $81.65. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 12.85 and a beta of 0.76.
iShares MSCI Mexico ETF Company Profile
iShares MSCI Mexico Capped ETF (the Fund), formerly iShares MSCI Mexico Capped Investable Market Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Mexico IMI 25/50 Index (the Index). The Index consists of stocks traded primarily on the Mexican Stock Exchange. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.
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