iShares MSCI Norway ETF (BATS:ENOR) Shares Up 11.7% – What’s Next?

Shares of iShares MSCI Norway ETF (BATS:ENOR) traded up 11.7% during trading on Tuesday . The stock traded as high as $28.3790 and last traded at $31.63. 4,121 shares were traded during mid-day trading, a decline of 68% from the average session volume of 13,070 shares. The stock had previously closed at $28.3280.

iShares MSCI Norway ETF Trading Up 11.7%

The stock’s 50-day moving average price is $28.66 and its two-hundred day moving average price is $28.29. The stock has a market capitalization of $50.61 million, a P/E ratio of 12.79 and a beta of 1.00.

Institutional Trading of iShares MSCI Norway ETF

Several hedge funds have recently made changes to their positions in ENOR. BFI Infinity Ltd. grew its stake in shares of iShares MSCI Norway ETF by 200.0% during the 4th quarter. BFI Infinity Ltd. now owns 11,120 shares of the company’s stock worth $320,000 after acquiring an additional 22,240 shares during the period. Susquehanna International Group LLP raised its stake in iShares MSCI Norway ETF by 234.7% in the 3rd quarter. Susquehanna International Group LLP now owns 30,823 shares of the company’s stock valued at $880,000 after acquiring an additional 21,613 shares during the period. Flow Traders U.S. LLC purchased a new stake in iShares MSCI Norway ETF during the third quarter valued at about $578,000. Osaic Holdings Inc. purchased a new stake in iShares MSCI Norway ETF during the second quarter valued at about $29,000. Finally, Bank of America Corp DE boosted its position in iShares MSCI Norway ETF by 448.6% during the second quarter. Bank of America Corp DE now owns 56,561 shares of the company’s stock worth $1,576,000 after purchasing an additional 46,250 shares during the period.

About iShares MSCI Norway ETF

The iShares MSCI Norway ETF (ENOR) is an exchange-traded fund that is based on the MSCI Norway IMI 25\u002F50 index, a market-cap-weighted index of Norwegian stocks. ENOR was launched on Jan 23, 2012 and is managed by BlackRock.