iShares MSCI Mexico ETF (NYSEARCA:EWW) Hits New 52-Week Low – Should You Sell?

iShares MSCI Mexico ETF (NYSEARCA:EWW) shares reached a new 52-week low on Tuesday . The stock traded as low as $47.85 and last traded at $48.26, with a volume of 1708083 shares traded. The stock had previously closed at $48.87.

iShares MSCI Mexico ETF Stock Up 0.3 %

The company has a market cap of $1.48 billion, a P/E ratio of 13.53 and a beta of 0.87. The firm’s 50-day moving average price is $51.12 and its 200-day moving average price is $54.01.

Hedge Funds Weigh In On iShares MSCI Mexico ETF

Several hedge funds have recently made changes to their positions in the stock. Highline Wealth Partners LLC bought a new stake in iShares MSCI Mexico ETF during the 3rd quarter worth approximately $28,000. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares MSCI Mexico ETF by 4,737.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,693 shares of the exchange traded fund’s stock valued at $96,000 after purchasing an additional 1,658 shares in the last quarter. Centaurus Financial Inc. increased its holdings in shares of iShares MSCI Mexico ETF by 30.9% in the third quarter. Centaurus Financial Inc. now owns 2,654 shares of the exchange traded fund’s stock worth $143,000 after purchasing an additional 626 shares during the period. Headlands Technologies LLC bought a new position in iShares MSCI Mexico ETF in the 2nd quarter worth about $188,000. Finally, Creative Planning bought a new stake in shares of iShares MSCI Mexico ETF during the 3rd quarter valued at about $209,000.

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.