iShares MSCI UAE ETF (NASDAQ:UAE – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $19.57 and traded as high as $20.21. iShares MSCI UAE ETF shares last traded at $20.19, with a volume of 284,725 shares trading hands.
iShares MSCI UAE ETF Trading Up 1.0%
The company has a market cap of $310.81 million, a PE ratio of 10.93 and a beta of 0.45. The company has a fifty day simple moving average of $19.66 and a two-hundred day simple moving average of $19.57.
Institutional Investors Weigh In On iShares MSCI UAE ETF
A number of institutional investors have recently made changes to their positions in the company. Sparta 24 Ltd. bought a new stake in shares of iShares MSCI UAE ETF in the first quarter valued at approximately $22,211,000. Blue Edge Capital LLC acquired a new stake in iShares MSCI UAE ETF in the 2nd quarter valued at $13,733,000. Sumitomo Mitsui DS Asset Management Company Ltd bought a new position in iShares MSCI UAE ETF during the third quarter worth about $8,588,000. Bank of America Corp DE grew its holdings in iShares MSCI UAE ETF by 3,217.9% in the 1st quarter. Bank of America Corp DE now owns 215,697 shares of the company’s stock valued at $4,023,000 after buying an additional 209,196 shares in the last quarter. Finally, Fifth Third Bancorp bought a new stake in iShares MSCI UAE ETF during the first quarter worth about $1,983,000.
iShares MSCI UAE ETF Company Profile
The iShares MSCI UAE ETF (UAE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of large-, mid and small-cap UAE companies. UAE was launched on Apr 29, 2014 and is managed by BlackRock.
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