iShares MSCI Mexico ETF (NYSEARCA:EWW) Hits New 52-Week High – Still a Buy?

iShares MSCI Mexico ETF (NYSEARCA:EWW) reached a new 52-week high during trading on Thursday . The company traded as high as $70.38 and last traded at $70.4710, with a volume of 317534 shares. The stock had previously closed at $69.04.

iShares MSCI Mexico ETF Trading Up 2.3%

The company has a market cap of $2.15 billion, a PE ratio of 12.85 and a beta of 0.91. The company’s 50 day moving average is $66.90 and its 200 day moving average is $63.62.

Institutional Trading of iShares MSCI Mexico ETF

Several institutional investors and hedge funds have recently modified their holdings of EWW. Viewpoint Capital Management LLC bought a new position in iShares MSCI Mexico ETF in the second quarter worth approximately $30,000. North Capital Inc. bought a new stake in iShares MSCI Mexico ETF during the 2nd quarter valued at $30,000. CWM LLC lifted its holdings in shares of iShares MSCI Mexico ETF by 90.2% in the 3rd quarter. CWM LLC now owns 466 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 221 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of iShares MSCI Mexico ETF by 289.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 491 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 365 shares during the period. Finally, Triumph Capital Management bought a new position in shares of iShares MSCI Mexico ETF during the 3rd quarter worth $39,000.

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.