iShares MSCI Austria ETF (NYSEARCA:EWO) Trading 2.5% Higher – Here’s What Happened

iShares MSCI Austria ETF (NYSEARCA:EWO)’s share price traded up 2.5% during trading on Tuesday . The stock traded as high as $41.31 and last traded at $40.93. 15,426 shares traded hands during trading, a decline of 68% from the average session volume of 48,016 shares. The stock had previously closed at $39.93.

iShares MSCI Austria ETF Stock Performance

The company has a market capitalization of $137.12 million, a PE ratio of 11.04 and a beta of 0.80. The company has a 50 day moving average price of $37.82 and a 200 day moving average price of $36.30.

Institutional Investors Weigh In On iShares MSCI Austria ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Arlington Capital Management Inc. raised its position in shares of iShares MSCI Austria ETF by 54.6% during the 4th quarter. Arlington Capital Management Inc. now owns 153,235 shares of the company’s stock valued at $5,435,000 after acquiring an additional 54,131 shares in the last quarter. Bank of America Corp DE raised its position in shares of iShares MSCI Austria ETF by 92.1% during the 2nd quarter. Bank of America Corp DE now owns 9,134 shares of the company’s stock valued at $269,000 after acquiring an additional 4,380 shares in the last quarter. Orion Porfolio Solutions LLC acquired a new stake in shares of iShares MSCI Austria ETF during the 4th quarter valued at approximately $219,000. AlphaCentric Advisors LLC acquired a new stake in shares of iShares MSCI Austria ETF during the 4th quarter valued at approximately $141,000. Finally, Comerica Bank raised its position in shares of iShares MSCI Austria ETF by 466.0% during the 1st quarter. Comerica Bank now owns 1,217 shares of the company’s stock valued at $31,000 after acquiring an additional 1,002 shares in the last quarter.

About iShares MSCI Austria ETF

iShares MSCI Austria Capped ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the MSCI Austria IMI 25/50 Index (the Underlying Index). The Underlying Index consists of stocks traded on the Vienna Stock Exchange. The Underlying Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight and all issuers with weight above 5% do not exceed 50% of the Underlying Index weight.