abrdn plc Lowers Stock Position in iShares MSCI Ireland ETF (NYSEARCA:EIRL)

abrdn plc trimmed its position in iShares MSCI Ireland ETF (NYSEARCA:EIRL) by 12.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,205 shares of the company’s stock after selling 4,061 shares during the quarter. abrdn plc owned about 1.72% of iShares MSCI Ireland ETF worth $1,785,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brookstone Capital Management bought a new stake in iShares MSCI Ireland ETF during the fourth quarter valued at about $232,000. Lunt Capital Management Inc. bought a new stake in iShares MSCI Ireland ETF during the 4th quarter valued at approximately $203,000. Sheets Smith Wealth Management purchased a new position in iShares MSCI Ireland ETF in the 3rd quarter worth approximately $108,000. Contravisory Investment Management Inc. lifted its holdings in iShares MSCI Ireland ETF by 6.1% in the 4th quarter. Contravisory Investment Management Inc. now owns 12,735 shares of the company’s stock worth $779,000 after purchasing an additional 727 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in iShares MSCI Ireland ETF by 67.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,127 shares of the company’s stock worth $115,000 after purchasing an additional 853 shares during the period.

iShares MSCI Ireland ETF Price Performance

Shares of EIRL opened at $67.66 on Tuesday. iShares MSCI Ireland ETF has a 1 year low of $50.51 and a 1 year high of $69.64. The company has a 50 day simple moving average of $67.48 and a two-hundred day simple moving average of $61.43. The firm has a market cap of $118.40 million, a P/E ratio of 16.43 and a beta of 0.98.

iShares MSCI Ireland ETF Company Profile

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.