Rockport Wealth LLC Invests $3.99 Million in iShares MSCI Mexico ETF $EWW

Rockport Wealth LLC acquired a new position in iShares MSCI Mexico ETF (NYSEARCA:EWW) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 57,571 shares of the exchange traded fund’s stock, valued at approximately $3,991,000. iShares MSCI Mexico ETF accounts for approximately 0.8% of Rockport Wealth LLC’s investment portfolio, making the stock its 27th biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. CWM LLC increased its stake in shares of iShares MSCI Mexico ETF by 90.2% in the third quarter. CWM LLC now owns 466 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 221 shares in the last quarter. Triumph Capital Management purchased a new stake in shares of iShares MSCI Mexico ETF in the third quarter worth $39,000. Tower Research Capital LLC TRC purchased a new stake in shares of iShares MSCI Mexico ETF in the second quarter worth $73,000. International Assets Investment Management LLC purchased a new stake in shares of iShares MSCI Mexico ETF in the fourth quarter worth $101,000. Finally, Gordian Capital Singapore Pte Ltd purchased a new stake in shares of iShares MSCI Mexico ETF in the third quarter worth $177,000.

iShares MSCI Mexico ETF Stock Performance

EWW opened at $77.90 on Tuesday. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of 12.85 and a beta of 0.77. The company has a fifty day moving average of $76.34 and a 200 day moving average of $73.82. iShares MSCI Mexico ETF has a fifty-two week low of $57.28 and a fifty-two week high of $81.65.

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.