iShares MSCI Thailand ETF (NYSEARCA:THD) Stock Price Down 0.8% – Here’s What Happened

by · The Cerbat Gem

iShares MSCI Thailand ETF (NYSEARCA:THD – Get Free Report)’s share price fell 0.8% on Tuesday. The company traded as low as $70.64 and last traded at $70.84. 39,529 shares traded hands during trading, a decline of 64% from the average daily volume of 110,263 shares. The stock had previously closed at $71.41.

iShares MSCI Thailand ETF Stock Performance

The firm has a market capitalization of $403.79 million, a PE ratio of 13.16 and a beta of 0.42. The company’s 50 day simple moving average is $72.69 and its 200-day simple moving average is $72.15.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Symphony Financial Ltd. Co. purchased a new stake in shares of iShares MSCI Thailand ETF in the second quarter worth $189,000. Innealta Capital LLC bought a new stake in iShares MSCI Thailand ETF during the first quarter valued at $238,000. USA Financial Formulas purchased a new position in iShares MSCI Thailand ETF during the third quarter worth about $297,000. Sigma Planning Corp grew its position in iShares MSCI Thailand ETF by 14.8% during the first quarter. Sigma Planning Corp now owns 7,159 shares of the company’s stock worth $497,000 after buying an additional 923 shares in the last quarter. Finally, Continuum Advisory LLC purchased a new position in iShares MSCI Thailand ETF during the second quarter worth about $554,000. 67.20% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Thailand ETF Company Profile

(Get Free Report)

The iShares MSCI Thailand ETF (THD) is an exchange-traded fund that is based on the MSCI Thailand IMI 25-50 index, a market-cap-weighted index of the Thai equity market. THD was launched on Mar 26, 2008 and is managed by BlackRock.

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