iShares MSCI Norway ETF (BATS:ENOR) Shares Down 1.6% – What’s Next?

iShares MSCI Norway ETF (BATS:ENOR) were down 1.6% during mid-day trading on Tuesday . The stock traded as low as $28.30 and last traded at $27.87. Approximately 4,121 shares were traded during trading, a decline of 68% from the average daily volume of 13,070 shares. The stock had previously closed at $28.3280.

iShares MSCI Norway ETF Stock Down 1.6%

The stock has a market capitalization of $44.59 million, a PE ratio of 12.79 and a beta of 1.00. The firm’s fifty day moving average is $27.84 and its 200-day moving average is $28.03.

Institutional Trading of iShares MSCI Norway ETF

Several hedge funds have recently modified their holdings of ENOR. Rhumbline Advisers boosted its stake in shares of iShares MSCI Norway ETF by 23.3% in the first quarter. Rhumbline Advisers now owns 2,010 shares of the company’s stock valued at $52,000 after buying an additional 380 shares in the last quarter. Osaic Holdings Inc. acquired a new stake in iShares MSCI Norway ETF in the second quarter valued at $29,000. Raymond James Financial Inc. acquired a new stake in iShares MSCI Norway ETF in the second quarter valued at $43,000. Kovitz Investment Group Partners LLC purchased a new stake in shares of iShares MSCI Norway ETF during the 1st quarter worth $308,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI Norway ETF during the 3rd quarter worth $578,000.

iShares MSCI Norway ETF Company Profile

The iShares MSCI Norway ETF (ENOR) is an exchange-traded fund that is based on the MSCI Norway IMI 25\u002F50 index, a market-cap-weighted index of Norwegian stocks. ENOR was launched on Jan 23, 2012 and is managed by BlackRock.