iShares MSCI Denmark ETF (BATS:EDEN) Stock Pass Below 200 Day Moving Average – Here’s Why

iShares MSCI Denmark ETF (BATS:EDENGet Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $111.67 and traded as low as $108.49. iShares MSCI Denmark ETF shares last traded at $108.81, with a volume of 8,057 shares trading hands.

iShares MSCI Denmark ETF Stock Down 1.0%

The firm has a market cap of $217.62 million, a PE ratio of 16.34 and a beta of 0.95. The firm’s 50 day moving average is $109.20 and its 200-day moving average is $111.67.

Hedge Funds Weigh In On iShares MSCI Denmark ETF

Several institutional investors and hedge funds have recently modified their holdings of EDEN. Marotta Asset Management boosted its position in shares of iShares MSCI Denmark ETF by 6.4% in the first quarter. Marotta Asset Management now owns 106,133 shares of the company’s stock worth $11,197,000 after acquiring an additional 6,423 shares during the last quarter. LPL Financial LLC increased its holdings in shares of iShares MSCI Denmark ETF by 6.0% during the 4th quarter. LPL Financial LLC now owns 19,549 shares of the company’s stock worth $2,238,000 after buying an additional 1,106 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of iShares MSCI Denmark ETF by 4.4% during the 4th quarter. HighTower Advisors LLC now owns 17,915 shares of the company’s stock worth $2,051,000 after buying an additional 750 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of iShares MSCI Denmark ETF by 43.6% during the 4th quarter. Jane Street Group LLC now owns 14,489 shares of the company’s stock worth $1,659,000 after buying an additional 4,399 shares during the last quarter. Finally, Flow Traders U.S. LLC increased its holdings in shares of iShares MSCI Denmark ETF by 498.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 14,190 shares of the company’s stock worth $1,547,000 after buying an additional 11,818 shares during the last quarter.

iShares MSCI Denmark ETF Company Profile

(Get Free Report)

The iShares MSCI Denmark ETF (EDEN) is an exchange-traded fund that is based on the MSCI Denmark IMI 25\u002F50 index, a market-cap-weighted index of Danish stocks. EDEN was launched on Jan 25, 2012 and is managed by BlackRock.

Further Reading

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