iShares MSCI Netherlands ETF (NYSEARCA:EWN – Get Free Report) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 285,519 shares, a decrease of 80.9% from the May 31st total of 1,497,596 shares. Based on an average daily volume of 363,693 shares, the short-interest ratio is presently 0.8 days. Currently, 3.8% of the shares of the company are sold short.
Institutional Investors Weigh In On iShares MSCI Netherlands ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EWN. The Manufacturers Life Insurance Company lifted its holdings in iShares MSCI Netherlands ETF by 22.7% during the fourth quarter. The Manufacturers Life Insurance Company now owns 931,889 shares of the exchange traded fund’s stock valued at $53,146,000 after purchasing an additional 172,502 shares during the last quarter. Lido Advisors LLC raised its position in shares of iShares MSCI Netherlands ETF by 157.0% in the first quarter. Lido Advisors LLC now owns 163,571 shares of the exchange traded fund’s stock valued at $9,407,000 after purchasing an additional 99,925 shares during the period. Bank of America Corp DE lifted its stake in shares of iShares MSCI Netherlands ETF by 864.0% during the 3rd quarter. Bank of America Corp DE now owns 76,388 shares of the exchange traded fund’s stock valued at $4,431,000 after buying an additional 68,464 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of iShares MSCI Netherlands ETF by 3.0% during the 4th quarter. HighTower Advisors LLC now owns 67,806 shares of the exchange traded fund’s stock valued at $3,867,000 after buying an additional 1,989 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in iShares MSCI Netherlands ETF by 74.1% in the 1st quarter. Royal Bank of Canada now owns 55,971 shares of the exchange traded fund’s stock worth $3,219,000 after buying an additional 23,828 shares during the period.
iShares MSCI Netherlands ETF Stock Performance
NYSEARCA:EWN traded down $1.20 during trading hours on Friday, reaching $67.24. The stock had a trading volume of 508,089 shares, compared to its average volume of 158,577. The stock has a market cap of $504.30 million, a P/E ratio of 19.71 and a beta of 1.14. The stock has a 50 day simple moving average of $66.15 and a 200 day simple moving average of $62.18. iShares MSCI Netherlands ETF has a 12-month low of $50.56 and a 12-month high of $71.18.
About iShares MSCI Netherlands ETF
iShares MSCI Netherlands ETF, formerly iShares MSCI Netherlands Investable Market Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Netherlands Investable Market Index (the Index). The Index consists of stocks traded primarily on the Amsterdam Stock Exchange. Components primarily include consumer staples, financial and industrials companies. The Fund invests in a particular segment of the securities markets and seeks to track the performance of a securities index that generally is not representative of the market as a whole.
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