iShares MSCI New Zealand ETF (NASDAQ:ENZL) Trading Up 0.8% – Here’s Why

iShares MSCI New Zealand ETF (NASDAQ:ENZL)’s share price shot up 0.8% during trading on Wednesday . The stock traded as high as $45.74 and last traded at $45.25. 115,404 shares traded hands during mid-day trading, an increase of 99% from the average session volume of 57,922 shares. The stock had previously closed at $44.90.

iShares MSCI New Zealand ETF Trading Up 0.8%

The company has a 50 day simple moving average of $46.18 and a two-hundred day simple moving average of $45.87. The firm has a market capitalization of $65.61 million, a P/E ratio of 41.58 and a beta of 0.89.

iShares MSCI New Zealand ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a $0.5752 dividend. The ex-dividend date was Tuesday, December 16th.

Hedge Funds Weigh In On iShares MSCI New Zealand ETF

Large investors have recently bought and sold shares of the business. Marotta Asset Management increased its holdings in iShares MSCI New Zealand ETF by 1.5% during the 4th quarter. Marotta Asset Management now owns 169,725 shares of the company’s stock worth $7,684,000 after purchasing an additional 2,437 shares during the period. TD Waterhouse Canada Inc. grew its position in shares of iShares MSCI New Zealand ETF by 9.1% during the 4th quarter. TD Waterhouse Canada Inc. now owns 75,542 shares of the company’s stock worth $3,405,000 after buying an additional 6,299 shares in the last quarter. Jane Street Group LLC grew its position in shares of iShares MSCI New Zealand ETF by 11.7% during the 1st quarter. Jane Street Group LLC now owns 42,860 shares of the company’s stock worth $1,804,000 after buying an additional 4,491 shares in the last quarter. Wexford Capital LP purchased a new position in shares of iShares MSCI New Zealand ETF during the third quarter valued at $1,378,000. Finally, Susquehanna International Group LLP raised its holdings in shares of iShares MSCI New Zealand ETF by 219.5% in the third quarter. Susquehanna International Group LLP now owns 23,881 shares of the company’s stock valued at $1,097,000 after acquiring an additional 16,407 shares in the last quarter.

About iShares MSCI New Zealand ETF

The iShares MSCI New Zealand ETF (ENZL) is an exchange-traded fund that is based on the MSCI New Zeland IMI 25-50 index. The fund tracks the performance of a market-cap-weighted index of equity securities in the top 99% of the New Zealand equity market. ENZL was launched on Sep 1, 2010 and is managed by BlackRock.