Legacy Capital Group California Inc. Invests $587,000 in iShares MSCI Mexico ETF $EWW

Legacy Capital Group California Inc. purchased a new stake in iShares MSCI Mexico ETF (NYSEARCA:EWW) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,798 shares of the exchange traded fund’s stock, valued at approximately $587,000.

A number of other hedge funds have also recently bought and sold shares of the business. SG Americas Securities LLC raised its position in shares of iShares MSCI Mexico ETF by 1,481.0% in the 1st quarter. SG Americas Securities LLC now owns 258,719 shares of the exchange traded fund’s stock valued at $19,463,000 after purchasing an additional 242,355 shares in the last quarter. Pursuit Wealth Management LLC acquired a new stake in shares of iShares MSCI Mexico ETF during the fourth quarter worth approximately $1,219,000. Fluent Financial LLC bought a new stake in shares of iShares MSCI Mexico ETF in the fourth quarter worth $1,707,000. Pekin Hardy Strauss Inc. increased its stake in shares of iShares MSCI Mexico ETF by 17.6% in the fourth quarter. Pekin Hardy Strauss Inc. now owns 95,593 shares of the exchange traded fund’s stock worth $6,627,000 after buying an additional 14,290 shares during the last quarter. Finally, MH & Associates Securities Management Corp ADV acquired a new stake in iShares MSCI Mexico ETF in the fourth quarter valued at $2,303,000.

iShares MSCI Mexico ETF Price Performance

EWW opened at $75.34 on Wednesday. iShares MSCI Mexico ETF has a 12-month low of $58.87 and a 12-month high of $81.65. The stock has a market capitalization of $1.88 billion, a PE ratio of 12.85 and a beta of 0.77. The firm’s fifty day moving average price is $77.03 and its 200 day moving average price is $76.26.

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.