iShares MSCI Finland ETF (BATS:EFNL) Shares Up 44.1% – Here’s What Happened

iShares MSCI Finland ETF (BATS:EFNL) traded up 44.1% during trading on Friday . The company traded as high as $32.99 and last traded at $46.81. 5,662 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 10,309 shares. The stock had previously closed at $32.4751.

iShares MSCI Finland ETF Stock Up 44.1%

The stock has a market capitalization of $28.09 million, a price-to-earnings ratio of 15.40 and a beta of 0.83. The company has a fifty day moving average of $45.32 and a two-hundred day moving average of $42.86.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of EFNL. Geneos Wealth Management Inc. purchased a new position in iShares MSCI Finland ETF in the first quarter worth $25,000. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI Finland ETF during the 2nd quarter worth $31,000. Citadel Advisors LLC increased its holdings in shares of iShares MSCI Finland ETF by 31.5% in the 3rd quarter. Citadel Advisors LLC now owns 20,887 shares of the company’s stock valued at $894,000 after purchasing an additional 5,003 shares in the last quarter. Marotta Asset Management lifted its stake in shares of iShares MSCI Finland ETF by 2.1% in the third quarter. Marotta Asset Management now owns 248,185 shares of the company’s stock valued at $10,693,000 after purchasing an additional 5,169 shares during the period. Finally, Zacks Investment Management acquired a new stake in shares of iShares MSCI Finland ETF in the third quarter valued at about $227,000.

About iShares MSCI Finland ETF

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