iShares MSCI Netherlands ETF (NYSEARCA:EWN) Stock Cross Above 50 Day Moving Average – Here’s What Happened

iShares MSCI Netherlands ETF (NYSEARCA:EWN) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $60.06 and traded as high as $61.88. iShares MSCI Netherlands ETF shares last traded at $61.65, with a volume of 116,881 shares traded.

iShares MSCI Netherlands ETF Stock Performance

The firm has a market capitalization of $357.82 million, a P/E ratio of 19.71 and a beta of 1.16. The firm has a 50 day moving average price of $60.14 and a two-hundred day moving average price of $57.72.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EWN. Elevation Point Wealth Partners LLC acquired a new stake in shares of iShares MSCI Netherlands ETF during the 2nd quarter valued at about $149,000. Mount Lucas Management LP boosted its holdings in shares of iShares MSCI Netherlands ETF by 522.6% in the 2nd quarter. Mount Lucas Management LP now owns 14,756 shares of the exchange traded fund’s stock worth $804,000 after acquiring an additional 12,386 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI Netherlands ETF during the second quarter worth $4,540,000. Lido Advisors LLC acquired a new stake in iShares MSCI Netherlands ETF in the 2nd quarter valued at about $1,062,000. Finally, Lyell Wealth Management LP acquired a new stake in shares of iShares MSCI Netherlands ETF in the second quarter valued at approximately $231,000.

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). 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.