iShares MSCI Philippines ETF (NYSEARCA:EPHE) Stock Price Up 0.9% – What’s Next?

Shares of iShares MSCI Philippines ETF (NYSEARCA:EPHE) rose 0.9% on Thursday . The company traded as high as $24.89 and last traded at $24.76. Approximately 137,379 shares traded hands during trading, a decline of 6% from the average daily volume of 146,543 shares. The stock had previously closed at $24.53.

iShares MSCI Philippines ETF Price Performance

The stock’s 50 day simple moving average is $24.78 and its two-hundred day simple moving average is $25.37. The firm has a market cap of $133.75 million, a P/E ratio of 10.44 and a beta of 0.56.

Hedge Funds Weigh In On iShares MSCI Philippines ETF

A number of institutional investors and hedge funds have recently made changes to their positions in EPHE. JPMorgan Chase & Co. bought a new position in shares of iShares MSCI Philippines ETF during the second quarter valued at approximately $30,000. Stelac Advisory Services LLC bought a new position in shares of iShares MSCI Philippines ETF during the fourth quarter valued at approximately $104,000. Amundi bought a new position in shares of iShares MSCI Philippines ETF during the second quarter valued at approximately $222,000. Sumitomo Mitsui Trust Group Inc. bought a new position in shares of iShares MSCI Philippines ETF during the first quarter valued at approximately $231,000. Finally, Orion Porfolio Solutions LLC increased its stake in shares of iShares MSCI Philippines ETF by 5.3% during the second quarter. Orion Porfolio Solutions LLC now owns 8,674 shares of the company’s stock valued at $235,000 after purchasing an additional 440 shares in the last quarter.

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.