Marotta Asset Management Reduces Stock Holdings in iShares MSCI Ireland ETF $EIRL

Marotta Asset Management lessened its holdings in iShares MSCI Ireland ETF (NYSEARCA:EIRL) by 4.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 158,094 shares of the company’s stock after selling 7,382 shares during the quarter. iShares MSCI Ireland ETF comprises 2.2% of Marotta Asset Management’s portfolio, making the stock its 16th largest position. Marotta Asset Management owned approximately 16.64% of iShares MSCI Ireland ETF worth $12,961,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in EIRL. Global Endowment Management LP purchased a new position in shares of iShares MSCI Ireland ETF during the fourth quarter valued at approximately $1,103,000. Matthew Goff Investment Advisor LLC purchased a new stake in shares of iShares MSCI Ireland ETF in the 1st quarter worth approximately $30,316,000. TD Waterhouse Canada Inc. grew its stake in shares of iShares MSCI Ireland ETF by 6.1% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 61,176 shares of the company’s stock worth $4,810,000 after buying an additional 3,498 shares during the last quarter. Finally, Wealthfront Advisers LLC increased its position in iShares MSCI Ireland ETF by 5.0% during the 1st quarter. Wealthfront Advisers LLC now owns 4,694 shares of the company’s stock valued at $323,000 after buying an additional 224 shares in the last quarter.

iShares MSCI Ireland ETF Price Performance

EIRL stock traded up $0.70 on Friday, reaching $80.26. 3,970 shares of the company traded hands, compared to its average volume of 8,988. The firm has a fifty day simple moving average of $82.45 and a 200-day simple moving average of $77.31. The company has a market cap of $76.25 million, a P/E ratio of 12.65 and a beta of 0.94. iShares MSCI Ireland ETF has a one year low of $65.85 and a one year high of $85.56.

About iShares MSCI Ireland ETF

The iShares MSCI Ireland ETF (EIRL) is an exchange-traded fund that is based on the MSCI All Ireland Capped index, a market-cap-weighted index of Irish firms. EIRL was launched on May 5, 2010 and is managed by BlackRock.