iShares MSCI Mexico ETF (NYSEARCA:EWW) Stock Price Cross Below 200 Day Moving Average – Here’s What Happened

iShares MSCI Mexico ETF (NYSEARCA:EWW)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $75.69 and traded as low as $73.48. iShares MSCI Mexico ETF shares last traded at $73.79, with a volume of 1,041,612 shares trading hands.

iShares MSCI Mexico ETF Trading Down 1.3%

The stock’s fifty day moving average price is $77.79 and its 200-day moving average price is $75.69. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 12.85 and a beta of 0.77.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in EWW. Orion Porfolio Solutions LLC increased its holdings in shares of iShares MSCI Mexico ETF by 3.3% in the 4th quarter. Orion Porfolio Solutions LLC now owns 4,603 shares of the exchange traded fund’s stock worth $319,000 after acquiring an additional 146 shares during the period. MML Investors Services LLC boosted its stake in iShares MSCI Mexico ETF by 1.6% during the 4th quarter. MML Investors Services LLC now owns 9,091 shares of the exchange traded fund’s stock valued at $630,000 after purchasing an additional 147 shares during the period. Access Investment Management LLC boosted its stake in iShares MSCI Mexico ETF by 76.9% during the 1st quarter. Access Investment Management LLC now owns 345 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 150 shares during the period. Wilmington Savings Fund Society FSB grew its position in iShares MSCI Mexico ETF by 4.8% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 3,376 shares of the exchange traded fund’s stock worth $234,000 after purchasing an additional 155 shares during the last quarter. Finally, Cobblestone Asset Management LLC grew its position in iShares MSCI Mexico ETF by 1.7% in the 4th quarter. Cobblestone Asset Management LLC now owns 9,851 shares of the exchange traded fund’s stock worth $683,000 after purchasing an additional 165 shares during the last quarter.

About iShares MSCI Mexico ETF

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.