iShares MSCI Chile ETF (BATS:ECH) Stock Price Cross Below 50 Day Moving Average – What’s Next?

iShares MSCI Chile ETF (BATS:ECH) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $25.54 and traded as low as $24.85. iShares MSCI Chile ETF shares last traded at $25.04, with a volume of 292,981 shares changing hands.

iShares MSCI Chile ETF Price Performance

The company has a market capitalization of $545.87 million, a P/E ratio of 4.69 and a beta of 0.85. The business has a fifty day moving average price of $25.51 and a 200 day moving average price of $25.94.

Institutional Investors Weigh In On iShares MSCI Chile ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC bought a new stake in shares of iShares MSCI Chile ETF in the 3rd quarter valued at about $27,000. Flow Traders U.S. LLC bought a new stake in iShares MSCI Chile ETF in the third quarter valued at approximately $236,000. Wolverine Trading LLC acquired a new stake in shares of iShares MSCI Chile ETF in the third quarter valued at approximately $237,000. Mount Lucas Management LP bought a new position in shares of iShares MSCI Chile ETF during the 2nd quarter worth approximately $244,000. Finally, Renaissance Technologies LLC acquired a new position in shares of iShares MSCI Chile ETF during the 2nd quarter worth approximately $264,000.

iShares MSCI Chile ETF Company 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.