JPMorgan Chase & Co. Buys 561,165 Shares of iShares MSCI Chile ETF $ECH

JPMorgan Chase & Co. increased its stake in iShares MSCI Chile ETF (BATS:ECH) by 131.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 988,892 shares of the company’s stock after buying an additional 561,165 shares during the quarter. JPMorgan Chase & Co. owned approximately 4.90% of iShares MSCI Chile ETF worth $32,594,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ECH. Pekin Hardy Strauss Inc. raised its position in iShares MSCI Chile ETF by 3.1% during the third quarter. Pekin Hardy Strauss Inc. now owns 12,006 shares of the company’s stock worth $396,000 after acquiring an additional 362 shares in the last quarter. Insigneo Advisory Services LLC lifted its stake in iShares MSCI Chile ETF by 1.3% in the second quarter. Insigneo Advisory Services LLC now owns 29,915 shares of the company’s stock valued at $941,000 after acquiring an additional 374 shares during the last quarter. Marotta Asset Management grew its position in shares of iShares MSCI Chile ETF by 3.1% in the 3rd quarter. Marotta Asset Management now owns 68,971 shares of the company’s stock valued at $2,256,000 after acquiring an additional 2,101 shares during the period. Global Retirement Partners LLC bought a new position in shares of iShares MSCI Chile ETF in the 3rd quarter valued at about $71,000. Finally, Whitcomb & Hess Inc. increased its stake in shares of iShares MSCI Chile ETF by 0.9% during the 3rd quarter. Whitcomb & Hess Inc. now owns 292,969 shares of the company’s stock worth $9,656,000 after purchasing an additional 2,601 shares during the last quarter.

iShares MSCI Chile ETF Stock Performance

Shares of ECH stock opened at $38.06 on Monday. The firm’s 50-day moving average is $43.36 and its 200-day moving average is $38.70. The stock has a market cap of $768.81 million, a price-to-earnings ratio of 12.06 and a beta of 0.74. iShares MSCI Chile ETF has a 52-week low of $26.32 and a 52-week high of $47.85.

About iShares MSCI Chile ETF

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.