iShares MSCI New Zealand ETF (NASDAQ:ENZL) Stock Price Up 0.1% After Dividend Announcement

iShares MSCI New Zealand ETF (NASDAQ:ENZL) traded up 0.1% during trading on Monday after the company announced a dividend. The stock traded as high as $46.02 and last traded at $45.75. 1,209 shares changed hands during trading, a decline of 80% from the average session volume of 6,174 shares. The stock had previously closed at $45.71.

The newly announced dividend which will be paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th will be given a $0.5752 dividend. The ex-dividend date of this dividend is Tuesday, December 16th.

iShares MSCI New Zealand ETF Price Performance

The company’s 50-day simple moving average is $45.42 and its two-hundred day simple moving average is $45.64. The firm has a market capitalization of $69.18 million, a P/E ratio of 41.58 and a beta of 0.89.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp bought a new position in shares of iShares MSCI New Zealand ETF during the 3rd quarter valued at approximately $28,000. Harel Insurance Investments & Financial Services Ltd. boosted its stake in iShares MSCI New Zealand ETF by 100.0% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,000 shares of the company’s stock worth $46,000 after buying an additional 500 shares during the period. Susquehanna International Group LLP increased its position in iShares MSCI New Zealand ETF by 219.5% during the third quarter. Susquehanna International Group LLP now owns 23,881 shares of the company’s stock valued at $1,097,000 after acquiring an additional 16,407 shares during the last quarter. Wexford Capital LP purchased a new stake in shares of iShares MSCI New Zealand ETF in the third quarter valued at $1,378,000. Finally, Jane Street Group LLC lifted its holdings in shares of iShares MSCI New Zealand ETF by 11.7% in the 1st quarter. Jane Street Group LLC now owns 42,860 shares of the company’s stock worth $1,804,000 after acquiring an additional 4,491 shares during the last quarter.

iShares MSCI New Zealand ETF Company Profile

The iShares MSCI New Zealand ETF (ENZL) is an exchange-traded fund that is based on the MSCI New Zeland IMI 25-50 index. The fund tracks the performance of a market-cap-weighted index of equity securities in the top 99% of the New Zealand equity market. ENZL was launched on Sep 1, 2010 and is managed by BlackRock.