iShares MSCI Denmark ETF (BATS:EDEN) Stock Price Pass Below Two Hundred Day Moving Average – Should You Sell?

iShares MSCI Denmark ETF (BATS:EDENGet Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €113.75 ($123.64) and traded as low as €105.16 ($114.30). iShares MSCI Denmark ETF shares last traded at €105.17 ($114.32), with a volume of 3,121 shares.

iShares MSCI Denmark ETF Stock Down 0.8 %

The firm has a market cap of $211.31 million, a P/E ratio of 16.29 and a beta of 0.90. The business’s 50 day moving average is €108.44 and its two-hundred day moving average is €113.57.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. IFP Advisors Inc increased its holdings in iShares MSCI Denmark ETF by 59.9% in the fourth quarter. IFP Advisors Inc now owns 555 shares of the company’s stock worth $59,000 after purchasing an additional 208 shares in the last quarter. JTC Employer Solutions Trustee Ltd bought a new stake in shares of iShares MSCI Denmark ETF in the 4th quarter valued at $108,000. EP Wealth Advisors LLC acquired a new position in shares of iShares MSCI Denmark ETF during the 3rd quarter valued at $310,000. Bank of America Corp DE lifted its position in shares of iShares MSCI Denmark ETF by 31,033.3% during the 4th quarter. Bank of America Corp DE now owns 3,736 shares of the company’s stock valued at $397,000 after acquiring an additional 3,724 shares during the period. Finally, MML Investors Services LLC boosted its stake in iShares MSCI Denmark ETF by 25.9% during the third quarter. MML Investors Services LLC now owns 4,798 shares of the company’s stock worth $609,000 after acquiring an additional 988 shares in the last quarter.

iShares MSCI Denmark ETF Company Profile

(Get Free Report)

The iShares MSCI Denmark ETF (EDEN) is an exchange-traded fund that is based on the MSCI Denmark IMI 25\u002F50 index, a market-cap-weighted index of Danish stocks. EDEN was launched on Jan 25, 2012 and is managed by BlackRock.

Further Reading

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