iShares MSCI BIC ETF (NYSEARCA:BKF) Share Price Pass Above 200 Day Moving Average – Time to Sell?

Shares of iShares MSCI BIC ETF (NYSEARCA:BKF) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $37.29 and traded as high as $37.48. iShares MSCI BIC ETF shares last traded at $37.43, with a volume of 7,377 shares changing hands.

iShares MSCI BIC ETF Trading Down 0.3 %

The company has a market cap of $76.74 million, a P/E ratio of 12.18 and a beta of 0.78. The company has a 50 day moving average price of $39.22 and a 200-day moving average price of $37.29.

Institutional Investors Weigh In On iShares MSCI BIC ETF

A number of hedge funds have recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares MSCI BIC ETF during the 2nd quarter worth approximately $36,000. Sequoia Financial Advisors LLC acquired a new stake in iShares MSCI BIC ETF in the third quarter valued at approximately $202,000. Jane Street Group LLC grew its stake in shares of iShares MSCI BIC ETF by 29.7% during the third quarter. Jane Street Group LLC now owns 36,544 shares of the company’s stock worth $1,478,000 after buying an additional 8,366 shares during the last quarter. Finally, Flow Traders U.S. LLC increased its holdings in shares of iShares MSCI BIC ETF by 10.5% during the third quarter. Flow Traders U.S. LLC now owns 57,265 shares of the company’s stock worth $2,317,000 after buying an additional 5,463 shares in the last quarter.

About iShares MSCI BIC ETF

iShares MSCI BRIC ETF (the Fund), formerly iShares MSCI BRIC Index Fund, is an exchange-traded fund (ETF). The Fund is an exchange-traded fund that seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI BRIC Index (the Index).