iShares MSCI Finland ETF (BATS:EFNL) Trading Up 51.5% – What’s Next?

iShares MSCI Finland ETF (BATS:EFNL)’s stock price rose 51.5% during trading on Friday . The stock traded as high as $32.99 and last traded at $49.21. Approximately 5,662 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 10,309 shares. The stock had previously closed at $32.4751.

iShares MSCI Finland ETF Stock Performance

The firm has a market cap of $29.53 million, a price-to-earnings ratio of 15.40 and a beta of 0.83. The business’s 50-day moving average is $47.64 and its 200-day moving average is $44.52.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. acquired a new stake in iShares MSCI Finland ETF during the 1st quarter valued at $25,000. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI Finland ETF during the second quarter worth $31,000. Zacks Investment Management acquired a new stake in shares of iShares MSCI Finland ETF in the third quarter valued at $227,000. Flow Traders U.S. LLC bought a new position in shares of iShares MSCI Finland ETF in the third quarter valued at about $247,000. Finally, Cetera Investment Advisers bought a new position in shares of iShares MSCI Finland ETF in the second quarter valued at about $670,000.

iShares MSCI Finland ETF Company Profile

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