iShares MSCI Norway ETF (BATS:ENOR) Stock Price Down 0.8% – Time to Sell?

iShares MSCI Norway ETF (BATS:ENOR) shares fell 0.8% on Tuesday . The company traded as low as $27.1701 and last traded at $27.20. 6,722 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 13,070 shares. The stock had previously closed at $27.4250.

iShares MSCI Norway ETF Stock Performance

The stock’s 50 day simple moving average is $28.47 and its two-hundred day simple moving average is $27.74. The firm has a market capitalization of $43.52 million, a PE ratio of 12.79 and a beta of 1.00.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Osaic Holdings Inc. purchased a new position in iShares MSCI Norway ETF in the 2nd quarter worth approximately $29,000. Bank of America Corp DE increased its holdings in shares of iShares MSCI Norway ETF by 448.6% during the 2nd quarter. Bank of America Corp DE now owns 56,561 shares of the company’s stock worth $1,576,000 after buying an additional 46,250 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of iShares MSCI Norway ETF during the 2nd quarter worth approximately $1,130,000. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Norway ETF during the 2nd quarter worth approximately $43,000. Finally, Arrow Investment Advisors LLC acquired a new stake in shares of iShares MSCI Norway ETF during the 2nd quarter worth approximately $671,000.

iShares MSCI Norway ETF Company Profile

The iShares MSCI Norway ETF (ENOR) is an exchange-traded fund that is based on the MSCI Norway IMI 25\u002F50 index, a market-cap-weighted index of Norwegian stocks. ENOR was launched on Jan 23, 2012 and is managed by BlackRock.