Contravisory Investment Management Inc. Purchases New Shares in iShares MSCI Mexico ETF $EWW

Contravisory Investment Management Inc. acquired a new stake in shares of iShares MSCI Mexico ETF (NYSEARCA:EWW) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 7,872 shares of the exchange traded fund’s stock, valued at approximately $592,000.

A number of other hedge funds have also recently bought and sold shares of the company. Parallel Advisors LLC raised its holdings in shares of iShares MSCI Mexico ETF by 57.1% in the fourth quarter. Parallel Advisors LLC now owns 550 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 200 shares during the last quarter. Triumph Capital Management bought a new position in shares of iShares MSCI Mexico ETF during the third quarter valued at about $39,000. IFP Advisors Inc purchased a new position in iShares MSCI Mexico ETF during the fourth quarter worth about $44,000. Atlas Capital Advisors Inc. purchased a new position in iShares MSCI Mexico ETF during the fourth quarter worth about $64,000. Finally, Copia Wealth Management grew its position in iShares MSCI Mexico ETF by 3,950.0% in the 4th quarter. Copia Wealth Management now owns 1,053 shares of the exchange traded fund’s stock worth $73,000 after purchasing an additional 1,027 shares in the last quarter.

iShares MSCI Mexico ETF Stock Performance

NYSEARCA:EWW opened at $75.53 on Friday. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 12.85 and a beta of 0.77. iShares MSCI Mexico ETF has a 52 week low of $58.87 and a 52 week high of $81.65. The firm has a 50-day moving average price of $77.73 and a two-hundred day moving average price of $75.74.

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.