iShares MSCI Poland ETF (NYSEARCA:EPOL) Sets New 52-Week High – Still a Buy?

iShares MSCI Poland ETF (NYSEARCA:EPOL) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $45.06 and last traded at $45.00, with a volume of 30334 shares. The stock had previously closed at $44.69.

iShares MSCI Poland ETF Stock Performance

The firm has a 50 day simple moving average of $41.65 and a 200 day simple moving average of $39.42. The firm has a market cap of $745.22 million, a P/E ratio of 9.04 and a beta of 1.03.

Institutional Investors Weigh In On iShares MSCI Poland ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Royal Bank of Canada grew its stake in iShares MSCI Poland ETF by 12,623.0% during the first quarter. Royal Bank of Canada now owns 87,916 shares of the company’s stock valued at $2,462,000 after acquiring an additional 87,225 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in iShares MSCI Poland ETF in the 1st quarter worth approximately $351,000. Amundi purchased a new stake in iShares MSCI Poland ETF in the 2nd quarter worth approximately $498,000. Raymond James Financial Inc. bought a new position in iShares MSCI Poland ETF in the 2nd quarter valued at $522,000. Finally, Jane Street Group LLC bought a new position in iShares MSCI Poland ETF in the 2nd quarter valued at $27,494,000.

About iShares MSCI Poland ETF

The iShares MSCI Poland ETF (EPOL) is an exchange-traded fund that is based on the MSCI Poland IMI 25-50 index, a market-cap-weighted index of the broader Polish equity market. EPOL was launched on May 25, 2010 and is managed by BlackRock.