iShares MSCI Netherlands ETF (NYSEARCA:EWN) Hits New 52-Week High – Time to Buy?

Shares of iShares MSCI Netherlands ETF (NYSEARCA:EWN) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $71.20 and last traded at $71.09, with a volume of 18520 shares traded. The stock had previously closed at $70.60.

iShares MSCI Netherlands ETF Stock Up 1.4%

The company has a market cap of $658.35 million, a P/E ratio of 19.71 and a beta of 1.13. The company has a 50 day moving average price of $68.10 and a 200-day moving average price of $64.29.

Hedge Funds Weigh In On iShares MSCI Netherlands ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. CIBC Private Wealth Group LLC bought a new stake in shares of iShares MSCI Netherlands ETF during the 4th quarter worth $33,000. Parallel Advisors LLC raised its position in shares of iShares MSCI Netherlands ETF by 15.0% during the first quarter. Parallel Advisors LLC now owns 5,245 shares of the exchange traded fund’s stock worth $302,000 after purchasing an additional 685 shares during the period. Integrated Wealth Concepts LLC raised its position in shares of iShares MSCI Netherlands ETF by 19.2% during the third quarter. Integrated Wealth Concepts LLC now owns 4,414 shares of the exchange traded fund’s stock worth $256,000 after purchasing an additional 711 shares during the period. Cresset Asset Management LLC lifted its holdings in shares of iShares MSCI Netherlands ETF by 20.9% during the second quarter. Cresset Asset Management LLC now owns 7,644 shares of the exchange traded fund’s stock valued at $417,000 after purchasing an additional 1,322 shares during the last quarter. Finally, Lido Advisors LLC lifted its holdings in shares of iShares MSCI Netherlands ETF by 2.2% during the fourth quarter. Lido Advisors LLC now owns 63,646 shares of the exchange traded fund’s stock valued at $3,688,000 after purchasing an additional 1,397 shares during the last quarter.

iShares MSCI Netherlands ETF Company Profile

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.