iShares MSCI Netherlands ETF (NYSEARCA:EWN) Stock Pass Below 50 Day Moving Average – Here’s Why

iShares MSCI Netherlands ETF (NYSEARCA:EWN)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $46.01 and traded as low as $44.89. iShares MSCI Netherlands ETF shares last traded at $45.10, with a volume of 24,813 shares.

iShares MSCI Netherlands ETF Stock Performance

The company has a market capitalization of $257.07 million, a P/E ratio of 23.39 and a beta of 1.18. The stock’s fifty day moving average price is $45.94 and its 200-day moving average price is $48.49.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Main Management LLC raised its holdings in iShares MSCI Netherlands ETF by 103.1% in the 3rd quarter. Main Management LLC now owns 1,379 shares of the exchange traded fund’s stock valued at $70,000 after acquiring an additional 700 shares during the period. Marotta Asset Management increased its stake in shares of iShares MSCI Netherlands ETF by 0.4% during the third quarter. Marotta Asset Management now owns 165,726 shares of the exchange traded fund’s stock worth $8,429,000 after purchasing an additional 704 shares during the period. Mount Lucas Management LP lifted its holdings in iShares MSCI Netherlands ETF by 7.0% during the 3rd quarter. Mount Lucas Management LP now owns 14,951 shares of the exchange traded fund’s stock worth $760,000 after purchasing an additional 972 shares during the last quarter. Osborne Partners Capital Management LLC boosted its stake in iShares MSCI Netherlands ETF by 0.8% in the 3rd quarter. Osborne Partners Capital Management LLC now owns 511,618 shares of the exchange traded fund’s stock valued at $26,021,000 after purchasing an additional 3,813 shares during the period. Finally, Sunbelt Securities Inc. grew its holdings in iShares MSCI Netherlands ETF by 61.2% in the 2nd quarter. Sunbelt Securities Inc. now owns 12,049 shares of the exchange traded fund’s stock valued at $605,000 after buying an additional 4,576 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).