iShares MSCI Ireland ETF (NYSEARCA:EIRL) Stock Price Down 2.2% – Here’s What Happened

iShares MSCI Ireland ETF (NYSEARCA:EIRL) dropped 2.2% during mid-day trading on Thursday . The stock traded as low as $69.91 and last traded at $70.59. Approximately 33,630 shares were traded during trading, an increase of 230% from the average daily volume of 10,182 shares. The stock had previously closed at $72.19.

iShares MSCI Ireland ETF Stock Down 2.2%

The firm’s 50-day moving average price is $74.02 and its two-hundred day moving average price is $70.84. The firm has a market capitalization of $67.06 million, a PE ratio of 12.65 and a beta of 1.02.

Institutional Trading of iShares MSCI Ireland ETF

A number of hedge funds have recently modified their holdings of EIRL. TD Waterhouse Canada Inc. grew its position in iShares MSCI Ireland ETF by 3.4% in the second quarter. TD Waterhouse Canada Inc. now owns 43,370 shares of the company’s stock worth $2,913,000 after acquiring an additional 1,424 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of iShares MSCI Ireland ETF in the 2nd quarter valued at $133,000. Sepio Capital LP lifted its stake in shares of iShares MSCI Ireland ETF by 1.0% in the 4th quarter. Sepio Capital LP now owns 17,895 shares of the company’s stock valued at $1,315,000 after purchasing an additional 178 shares during the last quarter. Idaho Trust Co boosted its holdings in iShares MSCI Ireland ETF by 9.3% in the fourth quarter. Idaho Trust Co now owns 3,614 shares of the company’s stock worth $266,000 after purchasing an additional 307 shares in the last quarter. Finally, Equitable Holdings Inc. boosted its holdings in iShares MSCI Ireland ETF by 4.5% in the third quarter. Equitable Holdings Inc. now owns 18,500 shares of the company’s stock worth $1,248,000 after purchasing an additional 800 shares in the last quarter.

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.