Sun Life Financial Inc. Acquires Shares of 216,529 iShares MSCI Thailand ETF $THD

Sun Life Financial Inc. bought a new position in shares of iShares MSCI Thailand ETF (NYSEARCA:THD) in the 3rd quarter, HoldingsChannel reports. The fund bought 216,529 shares of the company’s stock, valued at approximately $12,751,000. iShares MSCI Thailand ETF comprises approximately 0.7% of Sun Life Financial Inc.’s investment portfolio, making the stock its 17th largest holding. Sun Life Financial Inc. owned approximately 0.06% of iShares MSCI Thailand ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Catalyst Capital Advisors LLC lifted its position in iShares MSCI Thailand ETF by 9.8% in the 2nd quarter. Catalyst Capital Advisors LLC now owns 75,645 shares of the company’s stock valued at $3,818,000 after acquiring an additional 6,746 shares in the last quarter. Simplex Trading LLC purchased a new stake in shares of iShares MSCI Thailand ETF in the second quarter worth approximately $26,000. Nan Fung Trinity HK Ltd. bought a new position in shares of iShares MSCI Thailand ETF in the second quarter valued at approximately $11,174,000. Amundi bought a new position in shares of iShares MSCI Thailand ETF in the second quarter valued at approximately $421,000. Finally, Ameriprise Financial Inc. purchased a new position in shares of iShares MSCI Thailand ETF during the second quarter valued at approximately $6,136,000. Institutional investors and hedge funds own 67.20% of the company’s stock.

iShares MSCI Thailand ETF Trading Down 0.4%

Shares of iShares MSCI Thailand ETF stock opened at $72.40 on Friday. The company has a market capitalization of $293.22 million, a P/E ratio of 13.16 and a beta of 0.61. The stock has a fifty day simple moving average of $63.27 and a 200 day simple moving average of $60.71. iShares MSCI Thailand ETF has a 12-month low of $45.23 and a 12-month high of $72.81.

iShares MSCI Thailand ETF Profile

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.