iShares MSCI Netherlands ETF (NYSEARCA:EWN) Stock Pass Above Fifty Day Moving Average – What’s Next?

Shares of iShares MSCI Netherlands ETF (NYSEARCA:EWN) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $45.66 and traded as high as $46.74. iShares MSCI Netherlands ETF shares last traded at $46.70, with a volume of 36,224 shares trading hands.

iShares MSCI Netherlands ETF Stock Performance

The company has a market capitalization of $266.19 million, a PE ratio of 23.39 and a beta of 1.18. The stock’s fifty day simple moving average is $45.66 and its 200-day simple moving average is $47.31.

Hedge Funds Weigh In On iShares MSCI Netherlands ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. HighTower Advisors LLC lifted its position in iShares MSCI Netherlands ETF by 0.3% during the fourth quarter. HighTower Advisors LLC now owns 78,036 shares of the exchange traded fund’s stock worth $3,472,000 after buying an additional 267 shares during the period. Wealthfront Advisers LLC purchased a new position in shares of iShares MSCI Netherlands ETF during the 4th quarter worth about $377,000. Bank of New York Mellon Corp acquired a new stake in shares of iShares MSCI Netherlands ETF in the fourth quarter worth approximately $271,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its position in shares of iShares MSCI Netherlands ETF by 60.0% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 38,477 shares of the exchange traded fund’s stock worth $1,862,000 after acquiring an additional 14,422 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in iShares MSCI Netherlands ETF in the fourth quarter valued at approximately $272,000.

iShares MSCI Netherlands ETF Company Profile

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