iShares MSCI Thailand ETF (NYSEARCA:THD) Trading Up 0.6% – What’s Next?

iShares MSCI Thailand ETF (NYSEARCA:THD) shares shot up 0.6% during mid-day trading on Wednesday . The stock traded as high as $61.36 and last traded at $61.27. 5,758 shares changed hands during trading, a decline of 92% from the average session volume of 76,756 shares. The stock had previously closed at $60.93.

iShares MSCI Thailand ETF Stock Up 0.6%

The business’s fifty day moving average is $59.79 and its two-hundred day moving average is $57.62. The stock has a market capitalization of $217.51 million, a PE ratio of 13.16 and a beta of 0.61.

Institutional Trading of iShares MSCI Thailand ETF

Large investors have recently made changes to their positions in the business. Nan Fung Trinity HK Ltd. purchased a new stake in shares of iShares MSCI Thailand ETF during the 2nd quarter valued at about $11,174,000. Sun Life Financial Inc. purchased a new position in shares of iShares MSCI Thailand ETF during the 3rd quarter worth about $12,751,000. Ameriprise Financial Inc. bought a new position in iShares MSCI Thailand ETF during the 2nd quarter valued at about $6,136,000. Point72 Europe London LLP purchased a new stake in iShares MSCI Thailand ETF in the 1st quarter worth about $4,375,000. Finally, Mount Lucas Management LP bought a new stake in iShares MSCI Thailand ETF in the third quarter worth about $946,000. 67.20% of the stock is currently owned by institutional investors.

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.