iShares MSCI Philippines ETF (NYSEARCA:EPHE) Trading Down 1.7% – Here’s Why

iShares MSCI Philippines ETF (NYSEARCA:EPHE)’s share price traded down 1.7% during mid-day trading on Thursday . The company traded as low as $24.83 and last traded at $24.86. 202,916 shares traded hands during trading, an increase of 101% from the average session volume of 101,003 shares. The stock had previously closed at $25.30.

iShares MSCI Philippines ETF Trading Down 1.7 %

The firm has a 50-day moving average of $25.76 and a two-hundred day moving average of $26.55. The firm has a market capitalization of $111.87 million, a P/E ratio of 12.44 and a beta of 0.52.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of EPHE. AlphaCentric Advisors LLC purchased a new stake in iShares MSCI Philippines ETF in the 3rd quarter valued at about $132,000. National Bank of Canada FI bought a new stake in shares of iShares MSCI Philippines ETF during the 3rd quarter worth $201,000. JPMorgan Chase & Co. purchased a new position in shares of iShares MSCI Philippines ETF in the 3rd quarter worth about $452,000. Flow Traders U.S. LLC purchased a new stake in iShares MSCI Philippines ETF during the third quarter worth about $471,000. Finally, Mount Lucas Management LP bought a new stake in iShares MSCI Philippines ETF in the third quarter worth about $903,000.

About iShares MSCI Philippines ETF

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.