iShares MSCI Philippines ETF (NYSEARCA:EPHE) Stock Price Down 0.3% – Here’s Why

iShares MSCI Philippines ETF (NYSEARCA:EPHE)’s stock price fell 0.3% during mid-day trading on Thursday . The stock traded as low as $28.63 and last traded at $28.76. 12,497 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 73,361 shares. The stock had previously closed at $28.86.

iShares MSCI Philippines ETF Stock Performance

The stock has a market cap of $129.83 million, a PE ratio of 12.44 and a beta of 0.52. The stock has a fifty day moving average price of $28.27 and a 200 day moving average price of $26.23.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of EPHE. Sunbelt Securities Inc. bought a new stake in shares of iShares MSCI Philippines ETF in the 1st quarter worth about $94,000. Brookstone Capital Management bought a new stake in shares of iShares MSCI Philippines ETF during the first quarter worth $242,000. Vista Finance LLC boosted its stake in shares of iShares MSCI Philippines ETF by 17.9% during the second quarter. Vista Finance LLC now owns 126,159 shares of the company’s stock valued at $3,048,000 after purchasing an additional 19,177 shares during the period. Janney Montgomery Scott LLC bought a new position in shares of iShares MSCI Philippines ETF in the first quarter worth about $582,000. Finally, Sun Life Financial Inc. increased its stake in iShares MSCI Philippines ETF by 29.0% in the 2nd quarter. Sun Life Financial Inc. now owns 181,200 shares of the company’s stock worth $4,378,000 after buying an additional 40,700 shares during the period.

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.