iShares MSCI BIC ETF (NYSEARCA:BKF) Shares Down 0.2% – Time to Sell?

iShares MSCI BIC ETF (NYSEARCA:BKF) fell 0.2% on Friday . The company traded as low as $43.94 and last traded at $44.06. 3,718 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 10,039 shares. The stock had previously closed at $44.16.

iShares MSCI BIC ETF Price Performance

The firm has a market cap of $88.12 million, a P/E ratio of 14.95 and a beta of 0.38. The stock’s 50 day moving average is $44.87 and its two-hundred day moving average is $43.27.

Hedge Funds Weigh In On iShares MSCI BIC ETF

A number of hedge funds have recently modified their holdings of the stock. Abound Wealth Management acquired a new position in iShares MSCI BIC ETF in the third quarter worth $29,000. Raymond James Financial Inc. bought a new position in shares of iShares MSCI BIC ETF in the second quarter valued at about $145,000. Creative Planning acquired a new position in iShares MSCI BIC ETF during the 3rd quarter worth about $201,000. Consolidated Portfolio Review Corp acquired a new position in iShares MSCI BIC ETF during the 3rd quarter worth about $316,000. Finally, Benjamin Edwards Inc. bought a new stake in iShares MSCI BIC ETF during the 1st quarter worth about $1,004,000.

About iShares MSCI BIC ETF

iShares MSCI BRIC ETF (the Fund), formerly iShares MSCI BRIC Index Fund, is an exchange-traded fund (ETF). The Fund is an exchange-traded fund that seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI BRIC Index (the Index).