iShares MSCI Mexico ETF (NYSEARCA:EWW) Sets New 12-Month High – Here’s What Happened

iShares MSCI Mexico ETF (NYSEARCA:EWW)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $81.10 and last traded at $80.6870, with a volume of 3111 shares traded. The stock had previously closed at $80.70.

iShares MSCI Mexico ETF Price Performance

The firm has a market cap of $2.23 billion, a P/E ratio of 12.85 and a beta of 0.91. The firm’s 50 day moving average is $72.83 and its 200 day moving average is $67.69.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CWM LLC increased its holdings in shares of iShares MSCI Mexico ETF by 90.2% during the third quarter. CWM LLC now owns 466 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 221 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in 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 purchasing an additional 365 shares in the last quarter. North Capital Inc. purchased a new stake in iShares MSCI Mexico ETF during the 2nd quarter valued at about $30,000. Parallel Advisors LLC increased its stake in iShares MSCI Mexico ETF by 57.1% during the 4th quarter. Parallel Advisors LLC now owns 550 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 200 shares in the last quarter. Finally, Triumph Capital Management purchased a new position in iShares MSCI Mexico ETF in the third quarter worth about $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. 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.