iShares MSCI Netherlands ETF (NYSEARCA:EWN) Reaches New 1-Year High – Time to Buy?

iShares MSCI Netherlands ETF (NYSEARCA:EWN) reached a new 52-week high on Monday . The stock traded as high as $70.37 and last traded at $70.04, with a volume of 7359 shares trading hands. The stock had previously closed at $69.73.

iShares MSCI Netherlands ETF Stock Performance

The firm has a fifty day simple moving average of $64.49 and a two-hundred day simple moving average of $61.43. The firm has a market cap of $524.10 million, a PE ratio of 19.71 and a beta of 1.14.

Institutional Trading of iShares MSCI Netherlands ETF

Several hedge funds have recently made changes to their positions in EWN. Royal Bank of Canada raised its position in shares of iShares MSCI Netherlands ETF by 47.2% during the 1st quarter. Royal Bank of Canada now owns 15,933 shares of the exchange traded fund’s stock valued at $746,000 after buying an additional 5,106 shares in the last quarter. Cresset Asset Management LLC raised its position in shares of iShares MSCI Netherlands ETF by 20.9% during the 2nd quarter. Cresset Asset Management LLC now owns 7,644 shares of the exchange traded fund’s stock valued at $417,000 after buying an additional 1,322 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares MSCI Netherlands ETF during the 2nd quarter valued at about $575,000. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI Netherlands ETF during the 2nd quarter valued at about $143,000. Finally, HighTower Advisors LLC raised its position in shares of iShares MSCI Netherlands ETF by 7.2% during the 3rd quarter. HighTower Advisors LLC now owns 65,817 shares of the exchange traded fund’s stock valued at $3,818,000 after buying an additional 4,436 shares in the last quarter.

iShares MSCI Netherlands ETF Company Profile

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.