Marvin & Palmer Associates Inc. Buys Shares of 28,220 iShares MSCI Chile ETF $ECH

Marvin & Palmer Associates Inc. bought a new stake in iShares MSCI Chile ETF (BATS:ECH) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 28,220 shares of the company’s stock, valued at approximately $1,140,000. iShares MSCI Chile ETF makes up approximately 0.8% of Marvin & Palmer Associates Inc.’s holdings, making the stock its 27th largest holding.

Other large investors have also modified their holdings of the company. Advisors Preferred LLC acquired a new stake in shares of iShares MSCI Chile ETF in the fourth quarter valued at approximately $68,000. Westend Capital Management LLC purchased a new position in iShares MSCI Chile ETF during the fourth quarter worth approximately $116,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in iShares MSCI Chile ETF during the first quarter worth approximately $186,000. Envestnet Asset Management Inc. purchased a new position in iShares MSCI Chile ETF during the third quarter worth approximately $240,000. Finally, Sumitomo Mitsui Trust Group Inc. purchased a new position in iShares MSCI Chile ETF during the fourth quarter worth approximately $265,000.

iShares MSCI Chile ETF Stock Up 3.0%

BATS:ECH opened at $39.15 on Wednesday. The company has a market cap of $790.83 million, a P/E ratio of 12.06 and a beta of 0.74. iShares MSCI Chile ETF has a fifty-two week low of $29.28 and a fifty-two week high of $47.85. The firm’s 50 day moving average is $41.21 and its two-hundred day moving average is $41.38.

iShares MSCI Chile ETF Company Profile

iShares MSCI Chile Capped ETF, formerly iShares MSCI Chile Capped Investable Market Index Fund (the Fund), is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance of the MSCI Chile Investable Market Index (the Index). The Index is a free float-adjusted market capitalization index that is designed to measure broad based equity market performance in Chile. The Index consists of stocks traded primarily on the Santiago Stock Exchange.