iShares MSCI Thailand ETF (NYSEARCA:THD) Shares Down 1.4% – Here’s What Happened

iShares MSCI Thailand ETF (NYSEARCA:THD)’s stock price were down 1.4% during mid-day trading on Tuesday . The stock traded as low as $71.66 and last traded at $71.90. Approximately 40,357 shares traded hands during trading, a decline of 69% from the average daily volume of 129,551 shares. The stock had previously closed at $72.91.

iShares MSCI Thailand ETF Stock Up 1.6%

The firm has a market capitalization of $356.55 million, a P/E ratio of 13.16 and a beta of 0.44. The business has a 50-day moving average price of $71.99 and a 200-day moving average price of $68.31.

Institutional Investors Weigh In On iShares MSCI Thailand ETF

Large investors have recently modified their holdings of the stock. USA Financial Formulas acquired a new position in iShares MSCI Thailand ETF during the fourth quarter worth $148,000. AlphaCentric Advisors LLC bought a new stake in shares of iShares MSCI Thailand ETF during the fourth quarter worth $149,000. Innealta Capital LLC bought a new stake in iShares MSCI Thailand ETF during the 1st quarter worth about $238,000. Capula Management Ltd bought a new stake in shares of iShares MSCI Thailand ETF during the third quarter worth approximately $252,000. Finally, Sigma Planning Corp acquired a new position in shares of iShares MSCI Thailand ETF in the 4th quarter valued at $372,000. 67.20% of the stock is currently owned by institutional investors.

iShares MSCI Thailand ETF Company 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.