iShares MSCI Philippines ETF (NYSEARCA:EPHE) Trading Down 0.3% – Time to Sell?

iShares MSCI Philippines ETF (NYSEARCA:EPHEGet Free Report) were down 0.3% during mid-day trading on Tuesday . The company traded as low as $24.90 and last traded at $24.94. Approximately 108,195 shares changed hands during trading, a decline of 27% from the average session volume of 148,069 shares. The stock had previously closed at $25.02.

iShares MSCI Philippines ETF Stock Performance

The stock has a market capitalization of $130.78 million, a price-to-earnings ratio of 10.44 and a beta of 0.55. The business has a 50-day moving average of $24.69 and a 200-day moving average of $25.37.

Hedge Funds Weigh In On iShares MSCI Philippines ETF

A number of hedge funds have recently made changes to their positions in the stock. Bank of New York Mellon Corp increased its holdings in iShares MSCI Philippines ETF by 24.2% in the 1st quarter. Bank of New York Mellon Corp now owns 38,312 shares of the company’s stock valued at $951,000 after purchasing an additional 7,467 shares during the last quarter. Sanctuary Advisors LLC lifted its stake in iShares MSCI Philippines ETF by 3.5% during the first quarter. Sanctuary Advisors LLC now owns 36,093 shares of the company’s stock worth $896,000 after purchasing an additional 1,225 shares in the last quarter. Hsbc Holdings PLC lifted its stake in iShares MSCI Philippines ETF by 9.8% during the first quarter. Hsbc Holdings PLC now owns 111,797 shares of the company’s stock worth $2,776,000 after purchasing an additional 9,982 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of iShares MSCI Philippines ETF during the first quarter worth $231,000. Finally, Graham Capital Management L.P. purchased a new position in shares of iShares MSCI Philippines ETF during the fourth quarter worth $3,030,000.

About iShares MSCI Philippines ETF

(Get Free Report)

The iShares MSCI Philippines ETF (EPHE) is an exchange-traded fund that is based on the MSCI Philippines IMI 25\u002F50 index, a free float-adjusted market-cap-weighted index of the broader Filipino equity market. EPHE was launched on Sep 28, 2010 and is managed by BlackRock.

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