iShares MSCI Mexico ETF (NYSEARCA:EWW – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $76.17 and traded as low as $74.10. iShares MSCI Mexico ETF shares last traded at $74.24, with a volume of 929,843 shares.
iShares MSCI Mexico ETF Stock Performance
The company has a market cap of $1.86 billion, a price-to-earnings ratio of 12.85 and a beta of 0.77. The company has a fifty day moving average of $77.12 and a two-hundred day moving average of $76.16.
Institutional Trading of iShares MSCI Mexico ETF
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Creative Planning bought a new position in iShares MSCI Mexico ETF in the 2nd quarter valued at approximately $203,000. Cresset Asset Management LLC increased its position in iShares MSCI Mexico ETF by 27.2% in the 2nd quarter. Cresset Asset Management LLC now owns 9,597 shares of the exchange traded fund’s stock valued at $581,000 after acquiring an additional 2,053 shares during the period. Bank of Nova Scotia increased its position in iShares MSCI Mexico ETF by 26.7% in the 2nd quarter. Bank of Nova Scotia now owns 14,363 shares of the exchange traded fund’s stock valued at $870,000 after acquiring an additional 3,027 shares during the period. The Manufacturers Life Insurance Company bought a new position in shares of iShares MSCI Mexico ETF during the second quarter valued at $27,605,000. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in shares of iShares MSCI Mexico ETF during the second quarter valued at $196,000.
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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