iShares MSCI Sweden ETF (NYSEARCA:EWD) Sees Unusually-High Trading Volume – Time to Buy?

iShares MSCI Sweden ETF (NYSEARCA:EWD – Get Free Report) shares saw an uptick in trading volume on Thursday. 668,231 shares changed hands during mid-day trading, an increase of 194% from the average daily volume of 226,976 shares. The stock last traded at $52.89 and had previously closed at $53.24.

iShares MSCI Sweden ETF Stock Down 0.8%

The stock has a market cap of $1.18 billion, a P/E ratio of 16.61 and a beta of 1.08. The stock has a fifty day simple moving average of $51.48 and a 200-day simple moving average of $51.58.

Institutional Investors Weigh In On iShares MSCI Sweden ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in EWD. Global Retirement Partners LLC acquired a new position in iShares MSCI Sweden ETF during the 3rd quarter worth approximately $72,000. HighTower Advisors LLC bought a new position in shares of iShares MSCI Sweden ETF during the 3rd quarter worth approximately $2,747,000. Idaho Trust Co acquired a new stake in shares of iShares MSCI Sweden ETF in the third quarter valued at approximately $885,000. AlphaCentric Advisors LLC raised its holdings in shares of iShares MSCI Sweden ETF by 10.6% in the third quarter. AlphaCentric Advisors LLC now owns 3,201 shares of the company’s stock valued at $160,000 after purchasing an additional 308 shares during the last quarter. Finally, Avestar Capital LLC acquired a new stake in shares of iShares MSCI Sweden ETF in the third quarter valued at approximately $251,000. 49.63% of the stock is currently owned by institutional investors and hedge funds.

About iShares MSCI Sweden ETF

(Get Free Report)

Ishares

Further Reading

Receive News & Ratings for iShares MSCI Sweden ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Sweden ETF and related companies with MarketBeat.com's FREE daily email newsletter.