iShares MSCI Thailand ETF (NYSEARCA:THD) Trading Up 1.6% – Still a Buy?

iShares MSCI Thailand ETF (NYSEARCA:THD) traded up 1.6% on Friday . The company traded as high as $74.85 and last traded at $74.76. 33,086 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 110,897 shares. The stock had previously closed at $73.56.

iShares MSCI Thailand ETF Stock Up 1.6%

The firm has a market cap of $377.54 million, a PE ratio of 13.16 and a beta of 0.45. The company has a 50-day simple moving average of $72.36 and a two-hundred day simple moving average of $70.87.

Institutional Investors Weigh In On iShares MSCI Thailand ETF

A number of hedge funds have recently modified their holdings of THD. AlphaCentric Advisors LLC bought a new position in iShares MSCI Thailand ETF during the fourth quarter valued at $149,000. Symphony Financial Ltd. Co. purchased a new position in shares of iShares MSCI Thailand ETF during the 2nd quarter valued at $189,000. Innealta Capital LLC purchased a new position in shares of iShares MSCI Thailand ETF during the 1st quarter valued at $238,000. Sigma Planning Corp purchased a new position in shares of iShares MSCI Thailand ETF during the 4th quarter valued at $372,000. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares MSCI Thailand ETF during the 3rd quarter worth $411,000. Institutional investors own 67.20% of the company’s stock.

About iShares MSCI Thailand ETF

The iShares MSCI Thailand ETF (THD) is an exchange-traded fund that is based on the MSCI Thailand IMI 25-50 index, a market-cap-weighted index of the Thai equity market. THD was launched on Mar 26, 2008 and is managed by BlackRock.