iShares MSCI Chile ETF (BATS:ECH) Stock Price Pass Above 50-Day Moving Average – Time to Sell?

iShares MSCI Chile ETF (BATS:ECH)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $42.60 and traded as high as $45.63. iShares MSCI Chile ETF shares last traded at $44.25, with a volume of 2,359,693 shares traded.

iShares MSCI Chile ETF Stock Performance

The firm has a fifty day simple moving average of $42.60 and a two-hundred day simple moving average of $36.82. The firm has a market cap of $893.85 million, a PE ratio of 12.06 and a beta of 0.74.

Institutional Investors Weigh In On iShares MSCI Chile ETF

Several large investors have recently added to or reduced their stakes in the stock. Pekin Hardy Strauss Inc. increased its position in shares of iShares MSCI Chile ETF by 3.1% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 12,006 shares of the company’s stock valued at $396,000 after purchasing an additional 362 shares during the last quarter. Insigneo Advisory Services LLC raised its position in iShares MSCI Chile ETF by 1.3% during the 2nd quarter. Insigneo Advisory Services LLC now owns 29,915 shares of the company’s stock valued at $941,000 after purchasing an additional 374 shares in the last quarter. MetLife Inc lifted its stake in iShares MSCI Chile ETF by 0.7% in the fourth quarter. MetLife Inc now owns 82,760 shares of the company’s stock worth $3,364,000 after acquiring an additional 568 shares during the period. Wealthfront Advisers LLC lifted its position in shares of iShares MSCI Chile ETF by 8.5% in the 4th quarter. Wealthfront Advisers LLC now owns 9,624 shares of the company’s stock worth $389,000 after purchasing an additional 756 shares during the period. Finally, Bcwm LLC lifted its holdings in iShares MSCI Chile ETF by 1.0% during the fourth quarter. Bcwm LLC now owns 113,355 shares of the company’s stock worth $4,580,000 after buying an additional 1,108 shares during the period.

About iShares MSCI Chile ETF

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. The Index consists of stocks traded primarily on the Santiago Stock Exchange.