Global X MSCI Norway ETF (NYSEARCA:NORW) Shares Up 2% – Here’s What Happened

Global X MSCI Norway ETF (NYSEARCA:NORW)’s stock price rose 2% during trading on Monday . The stock traded as high as $36.53 and last traded at $36.43. Approximately 71,626 shares changed hands during trading, a decline of 3% from the average daily volume of 73,627 shares. The stock had previously closed at $35.70.

Global X MSCI Norway ETF Trading Up 0.5%

The firm has a market cap of $73.24 million, a P/E ratio of 12.35 and a beta of 0.89. The stock’s fifty day moving average is $33.82 and its two-hundred day moving average is $31.06.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. EP Wealth Advisors LLC bought a new stake in Global X MSCI Norway ETF during the fourth quarter valued at $266,000. LPL Financial LLC grew its position in Global X MSCI Norway ETF by 22.8% during the fourth quarter. LPL Financial LLC now owns 8,667 shares of the company’s stock worth $260,000 after buying an additional 1,610 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in Global X MSCI Norway ETF in the 4th quarter worth about $162,000. Lunt Capital Management Inc. increased its stake in Global X MSCI Norway ETF by 4.5% in the 4th quarter. Lunt Capital Management Inc. now owns 8,050 shares of the company’s stock worth $242,000 after acquiring an additional 345 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Global X MSCI Norway ETF in the 3rd quarter valued at about $360,000.

Global X MSCI Norway ETF Company Profile

The Global X MSCI Norway ETF (NORW) is an exchange-traded fund that is based on the MSCI Norway IMI 25\u002F50 index, a market-cap-weighted index of Norwegian stocks. NORW was launched on Nov 9, 2010 and is managed by Global X.