iShares MSCI Netherlands ETF (NYSEARCA:EWN) Stock Pass Above Fifty Day Moving Average – What’s Next?

iShares MSCI Netherlands ETF (NYSEARCA:EWN)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $58.78 and traded as high as $63.98. iShares MSCI Netherlands ETF shares last traded at $63.70, with a volume of 1,037,015 shares trading hands.

iShares MSCI Netherlands ETF Stock Performance

The company has a market cap of $318.50 million, a PE ratio of 19.71 and a beta of 1.16. The company has a 50 day simple moving average of $58.78 and a two-hundred day simple moving average of $56.76.

Institutional Trading of iShares MSCI Netherlands ETF

Several hedge funds and other institutional investors have recently modified their holdings of EWN. Flow Traders U.S. LLC purchased a new position in iShares MSCI Netherlands ETF in the second quarter valued at about $4,540,000. Bank of America Corp DE grew its stake in shares of iShares MSCI Netherlands ETF by 864.0% in the 3rd quarter. Bank of America Corp DE now owns 76,388 shares of the exchange traded fund’s stock valued at $4,431,000 after buying an additional 68,464 shares in the last quarter. Lido Advisors LLC increased its holdings in iShares MSCI Netherlands ETF by 219.4% in the third quarter. Lido Advisors LLC now owns 62,249 shares of the exchange traded fund’s stock worth $3,611,000 after buying an additional 42,761 shares during the last quarter. Mount Lucas Management LP increased its holdings in iShares MSCI Netherlands ETF by 522.6% in the second quarter. Mount Lucas Management LP now owns 14,756 shares of the exchange traded fund’s stock worth $804,000 after buying an additional 12,386 shares during the last quarter. Finally, The Manufacturers Life Insurance Company acquired a new stake in iShares MSCI Netherlands ETF in the second quarter valued at approximately $575,000.

About iShares MSCI Netherlands ETF

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.