iShares MSCI Philippines ETF (NYSEARCA:EPHE) Shares Down 1.7% – Time to Sell?

Shares of iShares MSCI Philippines ETF (NYSEARCA:EPHE) fell 1.7% during trading on Thursday . The company traded as low as $24.83 and last traded at $24.86. 202,916 shares changed hands during mid-day trading, an increase of 101% from the average session volume of 101,003 shares. The stock had previously closed at $25.30.

iShares MSCI Philippines ETF Price Performance

The business’s fifty day moving average price is $25.76 and its two-hundred day moving average price is $26.55. The stock has a market capitalization of $111.87 million, a PE ratio of 12.44 and a beta of 0.52.

Hedge Funds Weigh In On iShares MSCI Philippines ETF

A number of large investors have recently bought and sold shares of EPHE. AlphaCentric Advisors LLC acquired a new position in shares of iShares MSCI Philippines ETF during the 3rd quarter worth approximately $132,000. National Bank of Canada FI purchased a new stake in iShares MSCI Philippines ETF in the 3rd quarter worth $201,000. JPMorgan Chase & Co. acquired a new position in iShares MSCI Philippines ETF during the third quarter worth $452,000. Flow Traders U.S. LLC purchased a new position in iShares MSCI Philippines ETF during the third quarter valued at $471,000. Finally, Mount Lucas Management LP acquired a new stake in shares of iShares MSCI Philippines ETF in the third quarter valued at about $903,000.

About iShares MSCI Philippines ETF

The iShares MSCI Philippines ETF (EPHE) is an exchange-traded fund that is based on the MSCI Philippines IMI 25\u002F50 index, a free float-adjusted market-cap-weighted index of the broader Filipino equity market. EPHE was launched on Sep 28, 2010 and is managed by BlackRock.