Shares of iShares MSCI Thailand ETF (NYSEARCA:THD – Get Free Report) shot up 1.6% on Friday . The stock traded as high as $74.85 and last traded at $74.76. 33,086 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 110,897 shares. The stock had previously closed at $73.56.
iShares MSCI Thailand ETF Stock Up 1.6%
The stock has a fifty day moving average price of $72.36 and a 200-day moving average price of $70.87. The firm has a market cap of $377.54 million, a price-to-earnings ratio of 13.16 and a beta of 0.45.
Hedge Funds Weigh In On iShares MSCI Thailand ETF
Institutional investors have recently bought and sold shares of the company. Sigma Planning Corp lifted its stake in shares of iShares MSCI Thailand ETF by 14.8% in the 1st quarter. Sigma Planning Corp now owns 7,159 shares of the company’s stock worth $497,000 after acquiring an additional 923 shares during the period. LPL Financial LLC increased its stake in shares of iShares MSCI Thailand ETF by 9.5% during the fourth quarter. LPL Financial LLC now owns 11,557 shares of the company’s stock worth $690,000 after acquiring an additional 1,001 shares during the period. Stifel Financial Corp increased its stake in shares of iShares MSCI Thailand ETF by 18.0% during the fourth quarter. Stifel Financial Corp now owns 7,206 shares of the company’s stock worth $431,000 after acquiring an additional 1,097 shares during the period. Sun Life Financial Inc. raised its holdings in iShares MSCI Thailand ETF by 0.6% during the fourth quarter. Sun Life Financial Inc. now owns 217,775 shares of the company’s stock worth $12,995,000 after purchasing an additional 1,246 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its holdings in iShares MSCI Thailand ETF by 25.0% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 8,997 shares of the company’s stock worth $624,000 after purchasing an additional 1,800 shares in the last quarter. 67.20% of the stock is owned by institutional investors and hedge funds.
About iShares MSCI Thailand ETF
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.
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