Raymond James Financial Inc. Makes New $266,000 Investment in iShares MSCI New Zealand ETF (NASDAQ:ENZL)

Raymond James Financial Inc. bought a new position in iShares MSCI New Zealand ETF (NASDAQ:ENZL) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,879 shares of the company’s stock, valued at approximately $266,000. Raymond James Financial Inc. owned about 0.36% of iShares MSCI New Zealand ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Blue Trust Inc. raised its holdings in shares of iShares MSCI New Zealand ETF by 38.6% in the 4th quarter. Blue Trust Inc. now owns 1,952 shares of the company’s stock worth $96,000 after purchasing an additional 544 shares in the last quarter. Dynamic Advisor Solutions LLC raised its holdings in shares of iShares MSCI New Zealand ETF by 8.0% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 5,254 shares of the company’s stock valued at $237,000 after purchasing an additional 391 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of iShares MSCI New Zealand ETF in the 3rd quarter valued at approximately $400,000. Sunbelt Securities Inc. bought a new stake in shares of iShares MSCI New Zealand ETF during the 3rd quarter worth $461,000. Finally, Fortitude Family Office LLC bought a new position in shares of iShares MSCI New Zealand ETF in the fourth quarter worth about $679,000.

iShares MSCI New Zealand ETF Stock Performance

Shares of ENZL opened at $41.79 on Friday. iShares MSCI New Zealand ETF has a 52 week low of $38.93 and a 52 week high of $50.41. The firm has a market capitalization of $68.95 million, a P/E ratio of 31.48 and a beta of 0.86. The company has a 50-day simple moving average of $42.89 and a 200-day simple moving average of $45.56.

About iShares MSCI New Zealand ETF

The iShares MSCI New Zealand ETF (ENZL) is an exchange-traded fund that is based on the MSCI New Zeland IMI 25-50 index. The fund tracks the performance of a market-cap-weighted index of equity securities in the top 99% of the New Zealand equity market. ENZL was launched on Sep 1, 2010 and is managed by BlackRock.