iShares MSCI Netherlands ETF (NYSEARCA:EWN) Stock Pass Above 50 Day Moving Average – What’s Next?

iShares MSCI Netherlands ETF (NYSEARCA:EWN)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $60.06 and traded as high as $61.88. iShares MSCI Netherlands ETF shares last traded at $61.65, with a volume of 116,881 shares changing hands.

iShares MSCI Netherlands ETF Stock Performance

The firm has a market cap of $354.49 million, a P/E ratio of 19.71 and a beta of 1.16. The business’s 50-day simple moving average is $60.06 and its 200 day simple moving average is $57.64.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. CIBC Private Wealth Group LLC bought a new stake in shares of iShares MSCI Netherlands ETF during the 4th quarter valued at about $33,000. Global Retirement Partners LLC boosted its holdings in shares of iShares MSCI Netherlands ETF by 54.7% in the third quarter. Global Retirement Partners LLC now owns 1,205 shares of the exchange traded fund’s stock worth $70,000 after buying an additional 426 shares during the last quarter. AlphaCentric Advisors LLC purchased a new position in shares of iShares MSCI Netherlands ETF in the fourth quarter worth approximately $128,000. Raymond James Financial Inc. bought a new stake in iShares MSCI Netherlands ETF during the second quarter valued at approximately $143,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in iShares MSCI Netherlands ETF during the second quarter valued at approximately $149,000.

About iShares MSCI Netherlands ETF

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). The Index consists of stocks traded primarily on the Amsterdam Stock Exchange. Components primarily include consumer staples, financial and industrials companies. The Fund invests in a particular segment of the securities markets and seeks to track the performance of a securities index that generally is not representative of the market as a whole.