iShares MSCI Thailand ETF (NYSEARCA:THD) Shares Down 0.7% – Should You Sell?

iShares MSCI Thailand ETF (NYSEARCA:THDGet Free Report)’s stock price fell 0.7% on Thursday . The stock traded as low as $67.36 and last traded at $68.45. 28,376 shares were traded during trading, a decline of 81% from the average session volume of 149,463 shares. The stock had previously closed at $68.90.

iShares MSCI Thailand ETF Stock Performance

The stock has a market cap of $277.22 million, a P/E ratio of 13.16 and a beta of 0.61. The company’s 50 day moving average price is $67.77 and its 200-day moving average price is $62.70.

Institutional Investors Weigh In On iShares MSCI Thailand ETF

A number of institutional investors have recently added to or reduced their stakes in THD. USA Financial Formulas purchased a new stake in iShares MSCI Thailand ETF in the 4th quarter valued at about $148,000. AlphaCentric Advisors LLC bought a new position in shares of iShares MSCI Thailand ETF in the fourth quarter valued at approximately $149,000. Capula Management Ltd bought a new position in shares of iShares MSCI Thailand ETF in the third quarter valued at approximately $252,000. Sumitomo Mitsui Trust Group Inc. purchased a new stake in shares of iShares MSCI Thailand ETF during the third quarter valued at approximately $324,000. Finally, Sigma Planning Corp purchased a new stake in shares of iShares MSCI Thailand ETF during the fourth quarter valued at approximately $372,000. 67.20% of the stock is owned by institutional investors.

iShares MSCI Thailand ETF Company Profile

(Get Free Report)

The iShares MSCI Thailand ETF (THD) is an exchange-traded fund that is based on the MSCI Thailand IMI 25-50 index, a market-cap-weighted index of the Thai equity market. THD was launched on Mar 26, 2008 and is managed by BlackRock.

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