Geneos Wealth Management Inc. Reduces Stock Holdings in iShares MSCI Mexico ETF $EWW

Geneos Wealth Management Inc. lowered its holdings in iShares MSCI Mexico ETF (NYSEARCA:EWW) by 86.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,684 shares of the exchange traded fund’s stock after selling 28,668 shares during the quarter. Geneos Wealth Management Inc.’s holdings in iShares MSCI Mexico ETF were worth $352,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in EWW. JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI Mexico ETF by 1.0% in the 4th quarter. JPMorgan Chase & Co. now owns 1,147,525 shares of the exchange traded fund’s stock valued at $79,558,000 after buying an additional 11,557 shares during the period. Caxton Associates LLP purchased a new position in iShares MSCI Mexico ETF during the third quarter valued at approximately $60,217,000. Millennium Management LLC purchased a new position in iShares MSCI Mexico ETF during the third quarter valued at approximately $37,325,000. The Manufacturers Life Insurance Company acquired a new position in iShares MSCI Mexico ETF in the second quarter valued at approximately $27,605,000. Finally, Baker Avenue Asset Management LP lifted its holdings in iShares MSCI Mexico ETF by 0.5% in the fourth quarter. Baker Avenue Asset Management LP now owns 357,348 shares of the exchange traded fund’s stock valued at $24,775,000 after acquiring an additional 1,765 shares during the period.

iShares MSCI Mexico ETF Trading Up 1.0%

iShares MSCI Mexico ETF stock opened at $75.84 on Wednesday. iShares MSCI Mexico ETF has a 12 month low of $58.87 and a 12 month high of $81.65. The stock’s 50 day simple moving average is $76.58 and its two-hundred day simple moving average is $76.44. The firm has a market cap of $1.90 billion, a PE ratio of 12.85 and a beta of 0.77.

iShares MSCI Mexico ETF Company 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.