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

iShares MSCI Netherlands ETF (NYSEARCA:EWN)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $46.01 and traded as low as $44.89. iShares MSCI Netherlands ETF shares last traded at $45.10, with a volume of 24,813 shares trading hands.

iShares MSCI Netherlands ETF Stock Down 0.4 %

The company has a 50 day simple moving average of $45.94 and a 200-day simple moving average of $48.47. The stock has a market cap of $257.07 million, a price-to-earnings ratio of 23.39 and a beta of 1.18.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Main Management LLC boosted its holdings in shares of iShares MSCI Netherlands ETF by 103.1% during the third quarter. Main Management LLC now owns 1,379 shares of the exchange traded fund’s stock valued at $70,000 after acquiring an additional 700 shares during the period. Concurrent Investment Advisors LLC bought a new position in iShares MSCI Netherlands ETF in the 2nd quarter worth approximately $481,000. Centiva Capital LP bought a new stake in iShares MSCI Netherlands ETF during the 3rd quarter valued at $534,000. Sunbelt Securities Inc. increased its holdings in shares of iShares MSCI Netherlands ETF by 61.2% during the second quarter. Sunbelt Securities Inc. now owns 12,049 shares of the exchange traded fund’s stock valued at $605,000 after purchasing an additional 4,576 shares during the period. Finally, Marshall Wace LLP increased its holdings in shares of iShares MSCI Netherlands ETF by 96.8% during the second quarter. Marshall Wace LLP now owns 14,806 shares of the exchange traded fund’s stock valued at $744,000 after purchasing an additional 7,284 shares during the period.

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).