iShares MSCI Philippines ETF (NYSEARCA:EPHE) Stock Cross Below 50 Day Moving Average – Here’s What Happened

iShares MSCI Philippines ETF (NYSEARCA:EPHE) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $27.63 and traded as low as $26.16. iShares MSCI Philippines ETF shares last traded at $26.25, with a volume of 20,405 shares trading hands.

iShares MSCI Philippines ETF Stock Performance

The business’s fifty day moving average price is $27.49 and its 200-day moving average price is $26.44. The stock has a market cap of $117.90 million, a PE ratio of 12.44 and a beta of 0.52.

Hedge Funds Weigh In On iShares MSCI Philippines ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. National Bank of Canada FI purchased a new position in shares of iShares MSCI Philippines ETF in the third quarter worth approximately $201,000. Flow Traders U.S. LLC bought a new stake in iShares MSCI Philippines ETF during the 3rd quarter worth approximately $471,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in iShares MSCI Philippines ETF during the 3rd quarter worth approximately $935,000. Mount Lucas Management LP bought a new stake in iShares MSCI Philippines ETF during the 3rd quarter worth approximately $903,000. Finally, Florin Court Capital LLP bought a new stake in iShares MSCI Philippines ETF during the 3rd quarter worth approximately $1,147,000.

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.