iShares MSCI Norway ETF (BATS:ENOR) Share Price Cross Above Two Hundred Day Moving Average – Here’s What Happened

iShares MSCI Norway ETF (BATS:ENOR)’s stock price crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $35.27 and traded as high as $36.36. iShares MSCI Norway ETF shares last traded at $36.20, with a volume of 147,484 shares traded.

iShares MSCI Norway ETF Stock Up 1.3%

The company has a market capitalization of $333.32 million, a P/E ratio of 11.59 and a beta of 0.68. The firm’s 50-day moving average price is $36.34 and its 200 day moving average price is $35.32.

Hedge Funds Weigh In On iShares MSCI Norway ETF

A number of hedge funds and other institutional investors have recently modified their holdings of ENOR. EverSource Wealth Advisors LLC purchased a new stake in iShares MSCI Norway ETF during the first quarter worth about $32,000. Compass Financial Management LLC bought a new stake in iShares MSCI Norway ETF in the second quarter worth about $43,000. Farther Finance Advisors LLC purchased a new position in iShares MSCI Norway ETF in the third quarter valued at about $55,000. Royal Bank of Canada boosted its stake in iShares MSCI Norway ETF by 79.8% in the first quarter. Royal Bank of Canada now owns 3,605 shares of the company’s stock valued at $133,000 after acquiring an additional 1,600 shares during the last quarter. Finally, Sunbelt Securities Inc. bought a new position in shares of iShares MSCI Norway ETF during the 1st quarter valued at approximately $124,000.

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.