iShares MSCI Philippines ETF (NYSEARCA:EPHE) Stock Price Down 0.6% – Here’s Why

by · The Markets Daily

iShares MSCI Philippines ETF (NYSEARCA:EPHE – Get Free Report) shares fell 0.6% during mid-day trading on Wednesday . The company traded as low as $25.79 and last traded at $25.81. Approximately 207,328 shares traded hands during trading, an increase of 42% from the average daily volume of 145,836 shares. The stock had previously closed at $25.97.

iShares MSCI Philippines ETF Trading Down 0.6%

The company has a 50 day simple moving average of $25.01 and a 200 day simple moving average of $25.37. The stock has a market capitalization of $144.54 million, a PE ratio of 10.44 and a beta of 0.55.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in EPHE. Graham Capital Management L.P. purchased a new position in shares of iShares MSCI Philippines ETF during the 4th quarter worth approximately $3,030,000. Hsbc Holdings PLC raised its position in iShares MSCI Philippines ETF by 9.8% during the first quarter. Hsbc Holdings PLC now owns 111,797 shares of the company’s stock worth $2,776,000 after acquiring an additional 9,982 shares during the last quarter. Carrera Capital Advisors raised its position in shares of iShares MSCI Philippines ETF by 4.7% during the 4th quarter. Carrera Capital Advisors now owns 104,662 shares of the company’s stock worth $2,608,000 after purchasing an additional 4,726 shares during the last quarter. Man Group plc acquired a new position in shares of iShares MSCI Philippines ETF in the second quarter worth $1,657,000. Finally, Royal Bank of Canada lifted its holdings in iShares MSCI Philippines ETF by 3,416.6% in the 1st quarter. Royal Bank of Canada now owns 56,265 shares of the company’s stock valued at $1,423,000 after purchasing an additional 54,665 shares in the last quarter.

About iShares MSCI Philippines ETF

(Get Free Report)

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.

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