Royal Bank of Canada Acquires 21,845 Shares of Global X MSCI Norway ETF $NORW

Royal Bank of Canada raised its holdings in Global X MSCI Norway ETF (NYSEARCA:NORW) by 1,576.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,231 shares of the company’s stock after purchasing an additional 21,845 shares during the period. Royal Bank of Canada owned 0.54% of Global X MSCI Norway ETF worth $888,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jane Street Group LLC purchased a new position in Global X MSCI Norway ETF in the 2nd quarter valued at approximately $4,388,000. Geneos Wealth Management Inc. purchased a new stake in shares of Global X MSCI Norway ETF during the first quarter worth $2,148,000. Bank of America Corp DE lifted its position in shares of Global X MSCI Norway ETF by 138.5% during the second quarter. Bank of America Corp DE now owns 27,930 shares of the company’s stock worth $817,000 after acquiring an additional 16,217 shares in the last quarter. UBS Group AG boosted its holdings in shares of Global X MSCI Norway ETF by 58.5% in the third quarter. UBS Group AG now owns 25,582 shares of the company’s stock worth $773,000 after acquiring an additional 9,438 shares during the period. Finally, Flow Traders U.S. LLC bought a new position in shares of Global X MSCI Norway ETF in the third quarter worth $360,000.

Global X MSCI Norway ETF Stock Performance

Shares of NYSEARCA NORW opened at $37.31 on Friday. Global X MSCI Norway ETF has a fifty-two week low of $27.84 and a fifty-two week high of $39.39. The stock has a market cap of $93.28 million, a PE ratio of 12.35 and a beta of 0.69. The stock has a fifty day moving average of $34.57 and a 200-day moving average of $36.09.

Global X MSCI Norway ETF Company Profile

The Global X MSCI Norway ETF (NORW) is an exchange-traded fund that is based on the MSCI Norway IMI 25\u002F50 index, a market-cap-weighted index of Norwegian stocks. NORW was launched on Nov 9, 2010 and is managed by Global X.