iShares MSCI Austria ETF (NYSEARCA:EWO) Shares Up 1.1% – Here’s What Happened

iShares MSCI Austria ETF (NYSEARCA:EWO) shot up 1.1% during trading on Tuesday . The stock traded as high as $21.91 and last traded at $21.87. 3,238 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 15,790 shares. The stock had previously closed at $21.63.

iShares MSCI Austria ETF Price Performance

The company’s 50 day moving average price is $22.23 and its 200 day moving average price is $22.46. The firm has a market cap of $58.75 million, a PE ratio of 6.81 and a beta of 0.67.

Institutional Trading of iShares MSCI Austria ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EWO. Mount Lucas Management LP increased its stake in iShares MSCI Austria ETF by 4.1% in the 3rd quarter. Mount Lucas Management LP now owns 32,604 shares of the company’s stock valued at $744,000 after buying an additional 1,292 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of iShares MSCI Austria ETF during the 2nd quarter worth $656,000. Finally, AMG National Trust Bank boosted its position in shares of iShares MSCI Austria ETF by 35.5% during the 2nd quarter. AMG National Trust Bank now owns 28,334 shares of the company’s stock worth $619,000 after purchasing an additional 7,428 shares in the last quarter.

About iShares MSCI Austria ETF

iShares MSCI Austria Capped ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the MSCI Austria IMI 25/50 Index (the Underlying Index). The Underlying Index consists of stocks traded on the Vienna Stock Exchange.