iShares MSCI Netherlands ETF (NYSEARCA:EWN) Shares Pass Above 50-Day Moving Average – Should You Sell?

iShares MSCI Netherlands ETF (NYSEARCA:EWN)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $49.04 and traded as high as $53.65. iShares MSCI Netherlands ETF shares last traded at $53.36, with a volume of 44,455 shares changing hands.

iShares MSCI Netherlands ETF Stock Up 0.2%

The stock has a market cap of $269.47 million, a price-to-earnings ratio of 15.64 and a beta of 1.13. The stock has a fifty day moving average of $49.04 and a two-hundred day moving average of $47.40.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wells Fargo & Company MN raised its position in iShares MSCI Netherlands ETF by 84.8% in the fourth quarter. Wells Fargo & Company MN now owns 43,784 shares of the exchange traded fund’s stock valued at $1,948,000 after purchasing an additional 20,090 shares during the period. Main Management ETF Advisors LLC raised its position in iShares MSCI Netherlands ETF by 0.6% in the fourth quarter. Main Management ETF Advisors LLC now owns 230,640 shares of the exchange traded fund’s stock valued at $10,261,000 after purchasing an additional 1,395 shares during the period. Jane Street Group LLC raised its position in iShares MSCI Netherlands ETF by 30.1% in the fourth quarter. Jane Street Group LLC now owns 262,051 shares of the exchange traded fund’s stock valued at $11,659,000 after purchasing an additional 60,681 shares during the period. Bank of New York Mellon Corp purchased a new position in iShares MSCI Netherlands ETF in the fourth quarter valued at about $271,000. Finally, Sanctuary Advisors LLC purchased a new position in iShares MSCI Netherlands ETF in the fourth quarter valued at about $272,000.

About iShares MSCI Netherlands ETF

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).