iShares MSCI Ireland ETF (NYSEARCA:EIRL) Trading Up 1.8% – Time to Buy?

iShares MSCI Ireland ETF (NYSEARCA:EIRL) shot up 1.8% during mid-day trading on Monday . The company traded as high as $66.36 and last traded at $66.25. 7,265 shares changed hands during trading, an increase of 25% from the average session volume of 5,806 shares. The stock had previously closed at $65.11.

iShares MSCI Ireland ETF Stock Performance

The stock has a 50-day moving average of $65.81 and a 200 day moving average of $61.82. The firm has a market capitalization of $62.94 million, a P/E ratio of 12.65 and a beta of 1.09.

Hedge Funds Weigh In On iShares MSCI Ireland ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. OLD Mission Capital LLC raised its stake in shares of iShares MSCI Ireland ETF by 10.7% in the 4th quarter. OLD Mission Capital LLC now owns 28,977 shares of the company’s stock valued at $1,702,000 after purchasing an additional 2,806 shares during the period. Sepio Capital LP grew its holdings in iShares MSCI Ireland ETF by 1.2% during the fourth quarter. Sepio Capital LP now owns 17,386 shares of the company’s stock valued at $1,021,000 after purchasing an additional 200 shares during the period. Zacks Investment Management purchased a new stake in shares of iShares MSCI Ireland ETF during the 4th quarter worth about $614,000. Jane Street Group LLC increased its holdings in iShares MSCI Ireland ETF by 161.5% in the fourth quarter. Jane Street Group LLC now owns 57,593 shares of the company’s stock valued at $3,382,000 after buying an additional 35,571 shares during the last quarter. Finally, Citadel Advisors LLC grew its holdings in iShares MSCI Ireland ETF by 1,018.8% during the 4th quarter. Citadel Advisors LLC now owns 36,115 shares of the company’s stock valued at $2,121,000 after buying an additional 32,887 shares during the last quarter.

iShares MSCI Ireland ETF Company Profile

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.