Global X MSCI Norway ETF (NYSEARCA:NORW) Trading 2% Higher – Here’s What Happened

Global X MSCI Norway ETF (NYSEARCA:NORWGet Free Report)’s stock price traded up 2% during trading on Monday . The stock traded as high as $36.53 and last traded at $36.43. 71,626 shares traded hands during trading, a decline of 3% from the average session volume of 73,627 shares. The stock had previously closed at $35.70.

Global X MSCI Norway ETF Stock Performance

The firm has a market cap of $72.13 million, a price-to-earnings ratio of 12.35 and a beta of 0.89. The business has a fifty day moving average of $33.55 and a two-hundred day moving average of $30.97.

Institutional Trading of Global X MSCI Norway ETF

Several large investors have recently bought and sold shares of the company. Jane Street Group LLC acquired a new stake in Global X MSCI Norway ETF in the 2nd quarter valued at about $4,388,000. Natural Investments LLC purchased a new position in Global X MSCI Norway ETF during the 3rd quarter valued at about $1,110,000. Cresset Asset Management LLC raised its position in Global X MSCI Norway ETF by 2.1% during the third quarter. Cresset Asset Management LLC now owns 29,630 shares of the company’s stock worth $895,000 after acquiring an additional 597 shares during the last quarter. Bank of America Corp DE raised its position in Global X MSCI Norway ETF by 138.5% during the second quarter. Bank of America Corp DE now owns 27,930 shares of the company’s stock worth $817,000 after acquiring an additional 16,217 shares during the last quarter. Finally, UBS Group AG lifted its holdings in shares of Global X MSCI Norway ETF by 58.5% in the third quarter. UBS Group AG now owns 25,582 shares of the company’s stock valued at $773,000 after purchasing an additional 9,438 shares in the last quarter.

Global X MSCI Norway ETF Company Profile

(Get Free Report)

The Global X MSCI Norway ETF (NORW) is an exchange-traded fund that is based on the MSCI Norway IMI 25\u002F50 index, a market-cap-weighted index of Norwegian stocks. NORW was launched on Nov 9, 2010 and is managed by Global X.

Further Reading

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