iShares MSCI Finland ETF (BATS:EFNL) Stock Price Up 48.9% – Time to Buy?

Shares of iShares MSCI Finland ETF (BATS:EFNL) traded up 48.9% on Friday . The company traded as high as $32.99 and last traded at $48.3650. 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 Performance

The company has a market cap of $29.02 million, a price-to-earnings ratio of 15.40 and a beta of 0.83. The company’s fifty day moving average is $46.38 and its two-hundred day moving average is $43.67.

Institutional Investors Weigh In On iShares MSCI Finland ETF

A number of institutional investors have recently modified their holdings of the business. Geneos Wealth Management Inc. acquired a new position in iShares MSCI Finland ETF during the first quarter worth $25,000. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Finland ETF in the second quarter valued at about $31,000. Arlington Capital Management Inc. increased its stake in shares of iShares MSCI Finland ETF by 1.6% during the fourth quarter. Arlington Capital Management Inc. now owns 70,726 shares of the company’s stock worth $3,382,000 after purchasing an additional 1,113 shares in the last quarter. Citadel Advisors LLC raised its position in shares of iShares MSCI Finland ETF by 31.5% during the 3rd quarter. Citadel Advisors LLC now owns 20,887 shares of the company’s stock worth $894,000 after purchasing an additional 5,003 shares during the last quarter. Finally, Marotta Asset Management raised its position in shares of iShares MSCI Finland ETF by 2.1% during the 3rd quarter. Marotta Asset Management now owns 248,185 shares of the company’s stock worth $10,693,000 after purchasing an additional 5,169 shares during the last quarter.

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.