iShares MSCI Netherlands ETF (NYSEARCA:EWN) Reaches New 1-Year High – Should You Buy?

iShares MSCI Netherlands ETF (NYSEARCA:EWN)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $67.52 and last traded at $67.33, with a volume of 87411 shares traded. The stock had previously closed at $66.84.

iShares MSCI Netherlands ETF Price Performance

The stock has a market cap of $504.98 million, a P/E ratio of 19.71 and a beta of 1.13. The firm’s fifty day moving average price is $61.94 and its two-hundred day moving average price is $60.51.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. CIBC Private Wealth Group LLC bought a new position in iShares MSCI Netherlands ETF in the fourth quarter valued at $33,000. AlphaCentric Advisors LLC bought a new position in iShares MSCI Netherlands ETF in the fourth quarter valued at $128,000. Raymond James Financial Inc. bought a new position in iShares MSCI Netherlands ETF in the second quarter valued at $143,000. Lunt Capital Management Inc. bought a new position in iShares MSCI Netherlands ETF in the third quarter valued at $213,000. Finally, Arax Advisory Partners bought a new position in iShares MSCI Netherlands ETF in the fourth quarter valued at $222,000.

About iShares MSCI Netherlands ETF

iShares MSCI Netherlands ETF, formerly iShares MSCI Netherlands Investable Market Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Netherlands Investable Market Index (the Index). The Index consists of stocks traded primarily on the Amsterdam Stock Exchange. Components primarily include consumer staples, financial and industrials companies. The Fund invests in a particular segment of the securities markets and seeks to track the performance of a securities index that generally is not representative of the market as a whole.