iShares MSCI Sweden ETF (NYSEARCA:EWD) Stock Price Down 1.4% – Time to Sell?

Shares of iShares MSCI Sweden ETF (NYSEARCA:EWD) dropped 1.4% during trading on Tuesday . The stock traded as low as $50.26 and last traded at $50.41. 68,314 shares changed hands during trading, a decline of 56% from the average session volume of 156,242 shares. The stock had previously closed at $51.10.

iShares MSCI Sweden ETF Trading Down 1.4%

The stock has a 50-day moving average of $51.00 and a two-hundred day moving average of $51.21. The firm has a market cap of $287.34 million, a price-to-earnings ratio of 20.15 and a beta of 1.09.

Institutional Trading of iShares MSCI Sweden ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Bank of America Corp DE boosted its holdings in shares of iShares MSCI Sweden ETF by 2.8% during the first quarter. Bank of America Corp DE now owns 802,185 shares of the company’s stock worth $39,082,000 after purchasing an additional 21,649 shares during the period. Jane Street Group LLC boosted its holdings in shares of iShares MSCI Sweden ETF by 23.7% during the 2nd quarter. Jane Street Group LLC now owns 301,466 shares of the company’s stock worth $13,789,000 after buying an additional 57,741 shares during the period. Wellington Management Group LLP boosted its holdings in iShares MSCI Sweden ETF by 1.3% during the fourth quarter. Wellington Management Group LLP now owns 288,268 shares of the company’s stock valued at $14,191,000 after acquiring an additional 3,746 shares during the period. Marotta Asset Management boosted its stake in iShares MSCI Sweden ETF by 0.5% during the 1st quarter. Marotta Asset Management now owns 204,189 shares of the company’s stock valued at $10,118,000 after purchasing an additional 995 shares during the period. Finally, Royal Bank of Canada boosted its position in shares of iShares MSCI Sweden ETF by 243.3% in the fourth quarter. Royal Bank of Canada now owns 171,667 shares of the company’s stock valued at $8,451,000 after acquiring an additional 121,666 shares during the period. Institutional investors and hedge funds own 49.63% of the company’s stock.

iShares MSCI Sweden ETF Company Profile

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