iShares MSCI Netherlands ETF (NYSEARCA:EWN) Hits New 12-Month High – Time to Buy?

iShares MSCI Netherlands ETF (NYSEARCA:EWN) reached a new 52-week high during trading on Wednesday . The company traded as high as $67.52 and last traded at $67.33, with a volume of 87411 shares changing hands. The stock had previously closed at $66.84.

iShares MSCI Netherlands ETF Trading Up 0.2%

The firm has a market cap of $502.20 million, a PE ratio of 19.71 and a beta of 1.13. The business’s 50-day simple moving average is $62.23 and its 200 day simple moving average is $60.64.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Lunt Capital Management Inc. grew its position in shares of iShares MSCI Netherlands ETF by 4.5% in the 4th quarter. Lunt Capital Management Inc. now owns 3,834 shares of the exchange traded fund’s stock worth $219,000 after buying an additional 165 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new stake in iShares MSCI Netherlands ETF in the 4th quarter worth approximately $33,000. Mount Lucas Management LP boosted its stake in iShares MSCI Netherlands ETF by 4.5% in the 3rd quarter. Mount Lucas Management LP now owns 15,426 shares of the exchange traded fund’s stock worth $895,000 after purchasing an additional 670 shares in the last quarter. Parallel Advisors LLC boosted its stake in iShares MSCI Netherlands ETF by 15.0% in the 1st quarter. Parallel Advisors LLC now owns 5,245 shares of the exchange traded fund’s stock worth $302,000 after purchasing an additional 685 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in iShares MSCI Netherlands ETF by 19.2% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 4,414 shares of the exchange traded fund’s stock worth $256,000 after purchasing an additional 711 shares in 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). The Index consists of stocks traded primarily on the Amsterdam Stock Exchange. Components primarily include consumer staples, financial and industrials companies. The Fund invests in a particular segment of the securities markets and seeks to track the performance of a securities index that generally is not representative of the market as a whole.