iShares MSCI Italy ETF (NYSEARCA:EWI – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $60.27 and last traded at $60.12, with a volume of 17069 shares changing hands. The stock had previously closed at $58.65.
iShares MSCI Italy ETF Stock Performance
The company has a market cap of $681.22 million, a PE ratio of 12.30 and a beta of 0.87. The stock’s 50 day moving average price is $57.52 and its 200-day moving average price is $55.50.
Institutional Investors Weigh In On iShares MSCI Italy ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in iShares MSCI Italy ETF by 128.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 54,356 shares of the exchange traded fund’s stock valued at $2,824,000 after buying an additional 30,586 shares during the last quarter. Schroder Investment Management Group raised its holdings in iShares MSCI Italy ETF by 4.1% during the 3rd quarter. Schroder Investment Management Group now owns 411,000 shares of the exchange traded fund’s stock valued at $21,166,000 after buying an additional 16,000 shares during the last quarter. Fluent Financial LLC bought a new stake in iShares MSCI Italy ETF during the 4th quarter valued at $1,721,000. Montag A & Associates Inc. raised its holdings in iShares MSCI Italy ETF by 25.7% during the 4th quarter. Montag A & Associates Inc. now owns 65,301 shares of the exchange traded fund’s stock valued at $3,548,000 after buying an additional 13,341 shares during the last quarter. Finally, Principal Financial Group Inc. bought a new stake in iShares MSCI Italy ETF during the 3rd quarter valued at $10,240,000. 37.96% of the stock is currently owned by institutional investors.
About iShares MSCI Italy ETF
iShares MSCI Italy Capped ETF, formerly iShares MSCI Italy Capped 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 Italy 25/50 Index (Index). The Index consists of stocks traded primarily on the Milan Stock Exchange. The Underlying Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight and all issuers with weight above 5% do not exceed 50% of the Underlying Index weight.
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