Contravisory Investment Management Inc. Makes New $592,000 Investment in iShares MSCI Mexico ETF $EWW

Contravisory Investment Management Inc. bought a new stake in iShares MSCI Mexico ETF (NYSEARCA:EWW) during the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 7,872 shares of the exchange traded fund’s stock, valued at approximately $592,000.

Other institutional investors have also recently made changes to their positions in the company. SG Americas Securities LLC increased its holdings in iShares MSCI Mexico ETF by 1,481.0% in the 1st quarter. SG Americas Securities LLC now owns 258,719 shares of the exchange traded fund’s stock worth $19,463,000 after acquiring an additional 242,355 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in iShares MSCI Mexico ETF by 7.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 8,707 shares of the exchange traded fund’s stock valued at $604,000 after purchasing an additional 573 shares during the last quarter. Zacks Investment Management lifted its holdings in iShares MSCI Mexico ETF by 23.6% during the fourth quarter. Zacks Investment Management now owns 12,155 shares of the exchange traded fund’s stock valued at $843,000 after purchasing an additional 2,320 shares during the last quarter. Tudor Investment Corp ET AL purchased a new stake in iShares MSCI Mexico ETF during the fourth quarter valued at about $2,698,000. Finally, OLD Mission Capital LLC bought a new position in iShares MSCI Mexico ETF during the fourth quarter worth about $11,001,000.

iShares MSCI Mexico ETF Stock Up 2.4%

Shares of NYSEARCA:EWW opened at $75.53 on Friday. The firm has a market capitalization of $2.17 billion, a PE ratio of 12.85 and a beta of 0.77. The company has a 50-day moving average price of $77.73 and a two-hundred day moving average price of $75.74. iShares MSCI Mexico ETF has a twelve month low of $58.87 and a twelve month high of $81.65.

iShares MSCI Mexico ETF Profile

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.