iShares MSCI Netherlands ETF (NYSEARCA:EWN) Shares Pass Below 50-Day Moving Average – Here’s What Happened

iShares MSCI Netherlands ETF (NYSEARCA:EWN) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 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’s 50-day simple moving average is $45.94 and its 200 day simple moving average is $48.47. The company has a market cap of $257.07 million, a PE ratio of 23.39 and a beta of 1.18.

Institutional Investors Weigh In On iShares MSCI Netherlands ETF

Institutional investors have recently modified their holdings of the company. Main Management LLC increased its holdings in shares of 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 last quarter. Concurrent Investment Advisors LLC acquired a new stake in shares of iShares MSCI Netherlands ETF in the 2nd quarter valued at approximately $481,000. Centiva Capital LP purchased a new position in shares of iShares MSCI Netherlands ETF in the 3rd quarter valued at about $534,000. Sunbelt Securities Inc. raised its stake 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 purchasing an additional 4,576 shares during the last quarter. Finally, Marshall Wace LLP grew its holdings in shares of iShares MSCI Netherlands ETF by 96.8% during the second quarter. Marshall Wace LLP now owns 14,806 shares of the exchange traded fund’s stock worth $744,000 after buying an additional 7,284 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).