iShares MSCI Mexico ETF (NYSEARCA:EWW) Stock Pass Below 200-Day Moving Average of $60.44

iShares MSCI Mexico ETF (NYSEARCA:EWW)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $60.44 and traded as low as $53.03. iShares MSCI Mexico ETF shares last traded at $53.75, with a volume of 1,669,129 shares changing hands.

iShares MSCI Mexico ETF Price Performance

The company has a market cap of $1.64 billion, a PE ratio of 13.53 and a beta of 0.87. The stock has a fifty day moving average price of $54.48 and a 200-day moving average price of $60.44.

Institutional Investors Weigh In On iShares MSCI Mexico ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Global Assets Advisory LLC increased its stake in shares of iShares MSCI Mexico ETF by 6,834.4% in the first quarter. Global Assets Advisory LLC now owns 946,963 shares of the exchange traded fund’s stock worth $65,634,000 after acquiring an additional 933,307 shares during the last quarter. Jane Street Group LLC raised its stake in shares of iShares MSCI Mexico ETF by 1,740.5% during the 1st quarter. Jane Street Group LLC now owns 219,038 shares of the exchange traded fund’s stock worth $15,182,000 after purchasing an additional 207,137 shares in the last quarter. Natixis Investment Managers International lifted its holdings in shares of iShares MSCI Mexico ETF by 76.9% during the 4th quarter. Natixis Investment Managers International now owns 230,000 shares of the exchange traded fund’s stock valued at $15,624,000 after buying an additional 100,000 shares during the last quarter. Point Break Capital Management LLC acquired a new stake in shares of iShares MSCI Mexico ETF during the 1st quarter valued at about $6,889,000. Finally, Avidian Wealth Solutions LLC bought a new stake in shares of iShares MSCI Mexico ETF in the 1st quarter valued at approximately $6,807,000.

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.