iShares MSCI Netherlands ETF (NYSEARCA:EWN) Stock Pass Below Two Hundred Day Moving Average – Here’s What Happened

iShares MSCI Netherlands ETF (NYSEARCA:EWN) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $47.88 and traded as low as $46.04. iShares MSCI Netherlands ETF shares last traded at $46.13, with a volume of 11,642 shares changing hands.

iShares MSCI Netherlands ETF Price Performance

The company has a market capitalization of $262.94 million, a PE ratio of 23.39 and a beta of 1.18. The stock’s 50 day simple moving average is $45.29 and its 200-day simple moving average is $47.88.

Institutional Trading of iShares MSCI Netherlands ETF

Large investors have recently modified their holdings of the stock. Bank of Montreal Can grew its position in shares of iShares MSCI Netherlands ETF by 856.5% during the second quarter. Bank of Montreal Can now owns 70,152 shares of the exchange traded fund’s stock worth $3,592,000 after buying an additional 62,818 shares in the last quarter. Marshall Wace LLP lifted its stake in iShares MSCI Netherlands ETF by 96.8% in the second quarter. Marshall Wace LLP now owns 14,806 shares of the exchange traded fund’s stock worth $744,000 after acquiring an additional 7,284 shares during the last quarter. Main Management ETF Advisors LLC acquired a new position in iShares MSCI Netherlands ETF during the 2nd quarter worth approximately $6,174,000. Sunbelt Securities Inc. increased its position in shares of iShares MSCI Netherlands ETF by 61.2% in the 2nd quarter. Sunbelt Securities Inc. now owns 12,049 shares of the exchange traded fund’s stock valued at $605,000 after purchasing an additional 4,576 shares during the last quarter. Finally, Marotta Asset Management increased its position in shares of iShares MSCI Netherlands ETF by 0.4% in the 3rd quarter. Marotta Asset Management now owns 165,726 shares of the exchange traded fund’s stock valued at $8,429,000 after purchasing an additional 704 shares during the last quarter.

iShares MSCI Netherlands ETF Company Profile

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).