iShares MSCI Ireland ETF (NYSEARCA:EIRL) Stock Price Down 0.8% – Should You Sell?

Shares of iShares MSCI Ireland ETF (NYSEARCA:EIRL) traded down 0.8% during trading on Tuesday . The company traded as low as $59.46 and last traded at $59.61. 7,265 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 10,052 shares. The stock had previously closed at $60.07.

iShares MSCI Ireland ETF Stock Performance

The firm has a market capitalization of $104.32 million, a P/E ratio of 17.14 and a beta of 1.03. The business has a 50 day simple moving average of $65.11 and a two-hundred day simple moving average of $66.99.

Institutional Investors Weigh In On iShares MSCI Ireland ETF

Several hedge funds have recently added to or reduced their stakes in EIRL. Comerica Bank lifted its stake in shares of iShares MSCI Ireland ETF by 141.4% in the 1st quarter. Comerica Bank now owns 461 shares of the company’s stock valued at $32,000 after acquiring an additional 270 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its holdings in shares of iShares MSCI Ireland ETF by 60.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,792 shares of the company’s stock worth $123,000 after purchasing an additional 672 shares during the period. Sunbelt Securities Inc. purchased a new position in iShares MSCI Ireland ETF during the 2nd quarter valued at about $287,000. EverSource Wealth Advisors LLC raised its position in iShares MSCI Ireland ETF by 205.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 6,194 shares of the company’s stock valued at $412,000 after purchasing an additional 4,166 shares during the last quarter. Finally, Legacy Capital Group California Inc. lifted its holdings in iShares MSCI Ireland ETF by 4.1% in the 2nd quarter. Legacy Capital Group California Inc. now owns 12,632 shares of the company’s stock worth $814,000 after buying an additional 501 shares during the period.

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.