iShares MSCI New Zealand ETF (NASDAQ:ENZL) Trading Up 1.4% – Time to Buy?

iShares MSCI New Zealand ETF (NASDAQ:ENZL) traded up 1.4% during trading on Tuesday . The stock traded as high as $47.79 and last traded at $47.52. 17,358 shares changed hands during trading, an increase of 86% from the average session volume of 9,309 shares. The stock had previously closed at $46.87.

iShares MSCI New Zealand ETF Stock Performance

The company has a 50 day moving average price of $45.64 and a 200 day moving average price of $45.72. The firm has a market cap of $68.90 million, a price-to-earnings ratio of 41.58 and a beta of 0.89.

iShares MSCI New Zealand ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a $0.5752 dividend. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Investors Weigh In On iShares MSCI New Zealand ETF

A number of large investors have recently modified their holdings of the company. TD Waterhouse Canada Inc. raised its position in shares of iShares MSCI New Zealand ETF by 17.1% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 62,793 shares of the company’s stock worth $2,882,000 after acquiring an additional 9,177 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in iShares MSCI New Zealand ETF by 100.0% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,000 shares of the company’s stock worth $46,000 after acquiring an additional 500 shares in the last quarter. Sunpointe LLC purchased a new stake in iShares MSCI New Zealand ETF in the fourth quarter valued at $212,000. Wexford Capital LP purchased a new position in shares of iShares MSCI New Zealand ETF during the third quarter worth about $1,378,000. Finally, Susquehanna International Group LLP grew its holdings in shares of iShares MSCI New Zealand ETF by 219.5% during the third quarter. Susquehanna International Group LLP now owns 23,881 shares of the company’s stock worth $1,097,000 after purchasing an additional 16,407 shares during the last quarter.

iShares MSCI New Zealand ETF Company Profile

The iShares MSCI New Zealand ETF (ENZL) is an exchange-traded fund that is based on the MSCI New Zeland IMI 25-50 index. The fund tracks the performance of a market-cap-weighted index of equity securities in the top 99% of the New Zealand equity market. ENZL was launched on Sep 1, 2010 and is managed by BlackRock.