iShares MSCI Norway ETF (BATS:ENOR) Trading 1% Higher – Here’s What Happened

iShares MSCI Norway ETF (BATS:ENOR)’s share price shot up 1% during trading on Tuesday . The company traded as high as $37.45 and last traded at $37.32. Approximately 129,041 shares were traded during mid-day trading, an increase of 62% from the average session volume of 79,471 shares. The stock had previously closed at $36.95.

iShares MSCI Norway ETF Price Performance

The stock has a market cap of $59.71 million, a PE ratio of 12.79 and a beta of 1.00. The business has a 50 day moving average price of $34.76 and a two-hundred day moving average price of $35.36.

Institutional Investors Weigh In On iShares MSCI Norway ETF

Large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its stake in shares of iShares MSCI Norway ETF by 902.5% in the fourth quarter. Royal Bank of Canada now owns 2,005 shares of the company’s stock worth $58,000 after purchasing an additional 1,805 shares during the last quarter. CIBC Private Wealth Group LLC purchased a new position in iShares MSCI Norway ETF during the 4th quarter valued at about $124,000. Susquehanna International Group LLP raised its position in iShares MSCI Norway ETF by 234.7% during the 3rd quarter. Susquehanna International Group LLP now owns 30,823 shares of the company’s stock valued at $880,000 after purchasing an additional 21,613 shares during the last quarter. Flow Traders U.S. LLC bought a new position in iShares MSCI Norway ETF during the 3rd quarter valued at approximately $578,000. Finally, Jane Street Group LLC purchased a new stake in iShares MSCI Norway ETF in the 2nd quarter worth approximately $1,130,000.

iShares MSCI Norway ETF Company Profile

The iShares MSCI Norway ETF (ENOR) is an exchange-traded fund that is based on the MSCI Norway IMI 25\u002F50 index, a market-cap-weighted index of Norwegian stocks. ENOR was launched on Jan 23, 2012 and is managed by BlackRock.