iShares MSCI Mexico ETF (NYSEARCA:EWW) Sets New 52-Week High – Here’s What Happened

iShares MSCI Mexico ETF (NYSEARCA:EWW) hit a new 52-week high on Tuesday . The company traded as high as $74.60 and last traded at $73.9160, with a volume of 179634 shares. The stock had previously closed at $74.00.

iShares MSCI Mexico ETF Price Performance

The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 12.85 and a beta of 0.91. The firm’s fifty day moving average is $69.41 and its 200-day moving average is $65.67.

Institutional Trading of iShares MSCI Mexico ETF

Hedge funds have recently modified their holdings of the stock. CWM LLC boosted its stake in iShares MSCI Mexico ETF by 90.2% during the third quarter. CWM LLC now owns 466 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 221 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of iShares MSCI Mexico ETF by 289.7% during 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 in the last quarter. Viewpoint Capital Management LLC bought a new position in shares of iShares MSCI Mexico ETF during the 2nd quarter worth about $30,000. North Capital Inc. acquired a new stake in shares of iShares MSCI Mexico ETF in the 2nd quarter valued at about $30,000. Finally, Triumph Capital Management bought a new stake in iShares MSCI Mexico ETF in the 3rd quarter valued at about $39,000.

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. 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.