iShares MSCI BIC ETF (NYSEARCA:BKF) Shares Up 0.6% – What’s Next?

iShares MSCI BIC ETF (NYSEARCA:BKF)’s stock price rose 0.6% during trading on Monday . The company traded as high as $45.22 and last traded at $45.14. Approximately 11,717 shares were traded during trading, an increase of 18% from the average daily volume of 9,953 shares. The stock had previously closed at $44.88.

iShares MSCI BIC ETF Price Performance

The company has a market cap of $94.79 million, a P/E ratio of 14.95 and a beta of 0.38. The company’s 50-day moving average is $44.51 and its two-hundred day moving average is $44.17.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Benjamin Edwards Inc. lifted its holdings in shares of iShares MSCI BIC ETF by 29.0% during the fourth quarter. Benjamin Edwards Inc. now owns 40,480 shares of the company’s stock valued at $1,773,000 after purchasing an additional 9,089 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares MSCI BIC ETF in the 4th quarter worth about $44,000. Susquehanna International Group LLP lifted its stake in iShares MSCI BIC ETF by 14.6% during the 3rd quarter. Susquehanna International Group LLP now owns 80,220 shares of the company’s stock valued at $3,628,000 after acquiring an additional 10,221 shares during the period. Bank of America Corp DE boosted its holdings in shares of iShares MSCI BIC ETF by 4.4% during the 3rd quarter. Bank of America Corp DE now owns 24,342 shares of the company’s stock valued at $1,101,000 after acquiring an additional 1,028 shares during the last quarter. Finally, Creative Planning purchased a new stake in shares of iShares MSCI BIC ETF during the 3rd quarter valued at about $201,000.

iShares MSCI BIC ETF Company Profile

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). The Index is a free float-adjusted market capitalization index that is designed to measure the combined equity market performance in Brazil, Russia, India and China (BRIC). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.