iShares MSCI Italy ETF (NYSEARCA:EWI) Stock Pass Above 50-Day Moving Average – Should You Sell?

iShares MSCI Italy ETF (NYSEARCA:EWI)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $36.47 and traded as high as $37.29. iShares MSCI Italy ETF shares last traded at $37.25, with a volume of 303,165 shares changing hands.

iShares MSCI Italy ETF Trading Up 0.9 %

The business has a 50-day moving average price of $36.49 and a 200 day moving average price of $37.30. The company has a market cap of $427.93 million, a price-to-earnings ratio of 10.55 and a beta of 0.87.

Institutional Trading of iShares MSCI Italy ETF

Hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets lifted its holdings in shares of iShares MSCI Italy ETF by 47.9% in the third quarter. BNP Paribas Financial Markets now owns 19,095 shares of the exchange traded fund’s stock valued at $744,000 after purchasing an additional 6,180 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of iShares MSCI Italy ETF by 14.2% in the third quarter. Stifel Financial Corp now owns 6,609 shares of the exchange traded fund’s stock valued at $257,000 after purchasing an additional 824 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of iShares MSCI Italy ETF by 25.5% in the second quarter. Bank of New York Mellon Corp now owns 8,672 shares of the exchange traded fund’s stock valued at $311,000 after purchasing an additional 1,761 shares in the last quarter. HITE Hedge Asset Management LLC purchased a new stake in shares of iShares MSCI Italy ETF in the second quarter valued at $9,594,000. Finally, Pathstone Holdings LLC lifted its holdings in shares of iShares MSCI Italy ETF by 47.5% in the third quarter. Pathstone Holdings LLC now owns 54,879 shares of the exchange traded fund’s stock valued at $2,138,000 after purchasing an additional 17,661 shares in the last quarter.

iShares MSCI Italy ETF Company Profile

iShares MSCI Italy Capped ETF, formerly iShares MSCI Italy Capped 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 Italy 25/50 Index (Index). The Index consists of stocks traded primarily on the Milan Stock Exchange.