iShares MSCI Sweden ETF (NYSEARCA:EWD) Stock Price Down 0.7% – Here’s What Happened

iShares MSCI Sweden ETF (NYSEARCA:EWD) shares were down 0.7% on Wednesday . The stock traded as low as $51.14 and last traded at $51.41. Approximately 109,188 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 155,087 shares. The stock had previously closed at $51.76.

iShares MSCI Sweden ETF Price Performance

The firm’s 50-day moving average price is $52.32 and its 200 day moving average price is $49.34. The firm has a market cap of $319.77 million, a P/E ratio of 20.15 and a beta of 1.14.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Bank of America Corp DE boosted its holdings in iShares MSCI Sweden ETF by 4.8% in the third quarter. Bank of America Corp DE now owns 763,665 shares of the company’s stock worth $36,045,000 after purchasing an additional 35,240 shares during the period. Jane Street Group LLC lifted its position in shares of iShares MSCI Sweden ETF by 23.7% in the 2nd quarter. Jane Street Group LLC now owns 301,466 shares of the company’s stock worth $13,789,000 after buying an additional 57,741 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of iShares MSCI Sweden ETF by 1.3% in the 4th quarter. Wellington Management Group LLP now owns 288,268 shares of the company’s stock worth $14,191,000 after buying an additional 3,746 shares during the last quarter. Marotta Asset Management boosted its holdings in shares of iShares MSCI Sweden ETF by 1.4% in the 4th quarter. Marotta Asset Management now owns 203,194 shares of the company’s stock valued at $10,003,000 after buying an additional 2,772 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of iShares MSCI Sweden ETF by 243.3% in the 4th quarter. Royal Bank of Canada now owns 171,667 shares of the company’s stock valued at $8,451,000 after buying an additional 121,666 shares during the period. Institutional investors own 49.63% of the company’s stock.

About iShares MSCI Sweden ETF

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