iShares MSCI Sweden ETF (NYSEARCA:EWD) Shares Down 1.4% – Here’s What Happened

iShares MSCI Sweden ETF (NYSEARCA:EWD)’s stock price were down 1.4% during trading on Tuesday . The company traded as low as $50.26 and last traded at $50.41. 68,314 shares were traded during trading, a decline of 56% from the average daily volume of 156,242 shares. The stock had previously closed at $51.10.

iShares MSCI Sweden ETF Price Performance

The company has a fifty day moving average of $50.96 and a 200 day moving average of $51.23. The firm has a market capitalization of $286.71 million, a P/E ratio of 20.15 and a beta of 1.09.

Institutional Investors Weigh In On iShares MSCI Sweden ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. UBS Group AG lifted its position in shares of iShares MSCI Sweden ETF by 194.3% during the 4th quarter. UBS Group AG now owns 112,398 shares of the company’s stock valued at $5,533,000 after acquiring an additional 74,204 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI Sweden ETF in the 3rd quarter worth about $6,777,000. Rhumbline Advisers lifted its holdings in shares of iShares MSCI Sweden ETF by 76.8% in the first quarter. Rhumbline Advisers now owns 2,900 shares of the company’s stock valued at $122,000 after purchasing an additional 1,260 shares in the last quarter. Kestra Advisory Services LLC bought a new position in iShares MSCI Sweden ETF during the 4th quarter valued at $33,000. Finally, Bank of America Corp DE lifted its position in shares of iShares MSCI Sweden ETF by 2.8% during the first quarter. Bank of America Corp DE now owns 802,185 shares of the company’s stock valued at $39,082,000 after purchasing an additional 21,649 shares in the last quarter. Institutional investors own 49.63% of the company’s stock.

iShares MSCI Sweden ETF Company Profile

Ishares