iShares MSCI Denmark ETF (BATS:EDEN) Stock Price Pass Below 200-Day Moving Average – Here’s Why

iShares MSCI Denmark ETF (BATS:EDEN) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €114.95 ($124.95) and traded as low as €111.43 ($121.12). iShares MSCI Denmark ETF shares last traded at €111.62 ($121.33), with a volume of 5,255 shares.

iShares MSCI Denmark ETF Trading Down 1.2 %

The company has a market cap of $224.48 million, a price-to-earnings ratio of 16.29 and a beta of 0.90. The firm’s fifty day simple moving average is €108.09 and its 200 day simple moving average is €114.82.

Institutional Trading of iShares MSCI Denmark ETF

Several institutional investors have recently modified their holdings of EDEN. Dai ichi Life Holdings Inc. raised its position in iShares MSCI Denmark ETF by 4.8% in the 3rd quarter. Dai ichi Life Holdings Inc. now owns 8,700 shares of the company’s stock valued at $1,106,000 after purchasing an additional 400 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in iShares MSCI Denmark ETF in the 3rd quarter valued at $961,000. HighTower Advisors LLC raised its position in iShares MSCI Denmark ETF by 1.4% in the 3rd quarter. HighTower Advisors LLC now owns 22,498 shares of the company’s stock valued at $2,870,000 after purchasing an additional 300 shares during the last quarter. Jane Street Group LLC raised its position in iShares MSCI Denmark ETF by 14.6% in the 3rd quarter. Jane Street Group LLC now owns 17,536 shares of the company’s stock valued at $2,227,000 after purchasing an additional 2,236 shares during the last quarter. Finally, EP Wealth Advisors LLC purchased a new stake in iShares MSCI Denmark ETF in the 3rd quarter valued at $310,000.

iShares MSCI Denmark ETF Company Profile

The iShares MSCI Denmark ETF (EDEN) is an exchange-traded fund that is based on the MSCI Denmark IMI 25\u002F50 index, a market-cap-weighted index of Danish stocks. EDEN was launched on Jan 25, 2012 and is managed by BlackRock.