Shares of iShares MSCI Italy ETF (NYSEARCA:EWI – Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $60.56 and traded as high as $63.47. iShares MSCI Italy ETF shares last traded at $63.18, with a volume of 517,919 shares changing hands.
iShares MSCI Italy ETF Trading Down 0.0%
The stock has a market cap of $1.07 billion, a price-to-earnings ratio of 12.30 and a beta of 0.87. The stock’s 50 day moving average is $60.65 and its two-hundred day moving average is $57.82.
Institutional Investors Weigh In On iShares MSCI Italy ETF
Several hedge funds have recently made changes to their positions in the business. DV Equities LLC acquired a new position in iShares MSCI Italy ETF in the 4th quarter valued at about $27,000. Biltmore Family Office LLC purchased a new position in shares of iShares MSCI Italy ETF in the 4th quarter valued at approximately $28,000. Strategic Advocates LLC grew its stake in shares of iShares MSCI Italy ETF by 94.9% in the 4th quarter. Strategic Advocates LLC now owns 690 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 336 shares during the last quarter. Fifth Third Bancorp acquired a new position in shares of iShares MSCI Italy ETF in the first quarter valued at approximately $39,000. Finally, O Shaughnessy Asset Management LLC increased its holdings in shares of iShares MSCI Italy ETF by 186.6% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 857 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 558 shares during the period. Institutional investors and hedge funds own 37.96% of the company’s stock.
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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