iShares MSCI Netherlands ETF (NYSEARCA:EWN) Sets New 12-Month High – Here’s Why

iShares MSCI Netherlands ETF (NYSEARCA:EWN)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $66.68 and last traded at $66.68, with a volume of 105619 shares traded. The stock had previously closed at $65.34.

iShares MSCI Netherlands ETF Stock Up 2.3%

The stock has a market cap of $501.15 million, a PE ratio of 19.71 and a beta of 1.13. The stock has a 50-day moving average of $61.33 and a 200 day moving average of $60.27.

Hedge Funds Weigh In On iShares MSCI Netherlands ETF

Institutional investors have recently added to or reduced their stakes in the stock. Idaho Trust Co lifted its position in iShares MSCI Netherlands ETF by 90.2% during the fourth quarter. Idaho Trust Co now owns 23,731 shares of the exchange traded fund’s stock worth $1,353,000 after buying an additional 11,255 shares in the last quarter. Trek Financial LLC purchased a new stake in iShares MSCI Netherlands ETF in the fourth quarter valued at $705,000. Vertex Investment Solutions Co. Ltd. acquired a new position in shares of iShares MSCI Netherlands ETF in the 4th quarter valued at $1,049,000. Hsbc Holdings PLC lifted its stake in shares of iShares MSCI Netherlands ETF by 30.6% in the 4th quarter. Hsbc Holdings PLC now owns 11,578 shares of the exchange traded fund’s stock valued at $660,000 after purchasing an additional 2,710 shares during the last quarter. Finally, Lido Advisors LLC lifted its stake in shares of iShares MSCI Netherlands ETF by 2.2% in the 4th quarter. Lido Advisors LLC now owns 63,646 shares of the exchange traded fund’s stock valued at $3,688,000 after purchasing an additional 1,397 shares during the last quarter.

About iShares MSCI Netherlands ETF

iShares MSCI Netherlands ETF, formerly iShares MSCI Netherlands Investable Market Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Netherlands Investable Market Index (the Index). The Index consists of stocks traded primarily on the Amsterdam Stock Exchange. Components primarily include consumer staples, financial and industrials companies. The Fund invests in a particular segment of the securities markets and seeks to track the performance of a securities index that generally is not representative of the market as a whole.