Riggs Asset Managment Co. Inc. Increases Stake in iShares MSCI Mexico ETF $EWW

Riggs Asset Managment Co. Inc. grew its holdings in iShares MSCI Mexico ETF (NYSEARCA:EWW) by 26.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 69,000 shares of the exchange traded fund’s stock after acquiring an additional 14,310 shares during the period. Riggs Asset Managment Co. Inc. owned 0.23% of iShares MSCI Mexico ETF worth $4,706,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. CWM LLC grew its position in shares of iShares MSCI Mexico ETF by 90.2% during the 3rd quarter. CWM LLC now owns 466 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 221 shares during the period. Farther Finance Advisors LLC raised its holdings 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 during the period. Tower Research Capital LLC TRC purchased a new position in iShares MSCI Mexico ETF during the second quarter valued at $73,000. Ball & Co Wealth Management Inc. purchased a new position in iShares MSCI Mexico ETF during the third quarter valued at $87,000. Finally, Bank of Montreal Can bought a new stake in iShares MSCI Mexico ETF during the second quarter valued at about $91,000.

iShares MSCI Mexico ETF Stock Down 2.0%

Shares of EWW opened at $73.72 on Friday. The business has a 50-day simple moving average of $76.11 and a two-hundred day simple moving average of $69.88. The stock has a market cap of $2.07 billion, a price-to-earnings ratio of 12.85 and a beta of 0.91. iShares MSCI Mexico ETF has a 52 week low of $47.19 and a 52 week high of $81.65.

iShares MSCI Mexico ETF 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.