Pekin Hardy Strauss Inc. Takes $366,000 Position in iShares MSCI Chile ETF $ECH

Pekin Hardy Strauss Inc. purchased a new position in shares of iShares MSCI Chile ETF (BATS:ECH) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 11,644 shares of the company’s stock, valued at approximately $366,000. Pekin Hardy Strauss Inc. owned 0.06% of iShares MSCI Chile ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in ECH. Simplex Trading LLC grew its stake in shares of iShares MSCI Chile ETF by 8,363.3% during the second quarter. Simplex Trading LLC now owns 12,441 shares of the company’s stock valued at $391,000 after acquiring an additional 12,294 shares in the last quarter. Peregrine Asset Advisers Inc. purchased a new position in iShares MSCI Chile ETF in the second quarter valued at about $588,000. Sigma Planning Corp grew its stake in iShares MSCI Chile ETF by 27.5% during the 2nd quarter. Sigma Planning Corp now owns 12,134 shares of the company’s stock valued at $382,000 after purchasing an additional 2,619 shares in the last quarter. WESPAC Advisors LLC acquired a new stake in iShares MSCI Chile ETF during the 2nd quarter valued at approximately $714,000. Finally, Lansing Street Advisors purchased a new stake in iShares MSCI Chile ETF during the 2nd quarter worth approximately $1,604,000.

iShares MSCI Chile ETF Stock Up 40.5%

Shares of ECH opened at $35.74 on Friday. The firm has a market cap of $721.95 million, a price-to-earnings ratio of 12.06 and a beta of 0.74. The business’s 50 day moving average is $33.56 and its two-hundred day moving average is $32.21. iShares MSCI Chile ETF has a 52-week low of $23.79 and a 52-week high of $33.26.

iShares MSCI Chile ETF Profile

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.