abrdn plc Trims Stake in iShares MSCI Ireland ETF (NYSEARCA:EIRL)

abrdn plc lessened its stake in iShares MSCI Ireland ETF (NYSEARCA:EIRL) by 12.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,205 shares of the company’s stock after selling 4,061 shares during the period. abrdn plc’s holdings in iShares MSCI Ireland ETF were worth $1,785,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Contravisory Investment Management Inc. grew its position in shares of iShares MSCI Ireland ETF by 6.1% during the 4th quarter. Contravisory Investment Management Inc. now owns 12,735 shares of the company’s stock valued at $779,000 after acquiring an additional 727 shares during the period. Brookstone Capital Management acquired a new stake in iShares MSCI Ireland ETF in the fourth quarter valued at approximately $232,000. Lunt Capital Management Inc. purchased a new stake in shares of iShares MSCI Ireland ETF in the fourth quarter valued at approximately $203,000. EverSource Wealth Advisors LLC raised its stake in shares of iShares MSCI Ireland ETF by 67.0% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,127 shares of the company’s stock worth $115,000 after buying an additional 853 shares during the period. Finally, Sheets Smith Wealth Management purchased a new position in shares of iShares MSCI Ireland ETF during the 3rd quarter valued at approximately $108,000.

iShares MSCI Ireland ETF Stock Performance

iShares MSCI Ireland ETF stock opened at $67.66 on Tuesday. The stock has a market capitalization of $118.40 million, a P/E ratio of 16.43 and a beta of 0.98. The company’s fifty day moving average price is $67.48 and its 200 day moving average price is $61.43. iShares MSCI Ireland ETF has a 1 year low of $50.51 and a 1 year high of $69.64.

About iShares MSCI Ireland ETF

The iShares MSCI Ireland ETF (EIRL) is an exchange-traded fund that is based on the MSCI All Ireland Capped index, a market-cap-weighted index of Irish firms. EIRL was launched on May 5, 2010 and is managed by BlackRock.