iShares MSCI Finland ETF (BATS:EFNL) Shares Up 26.7% – Here’s Why

iShares MSCI Finland ETF (BATS:EFNL)’s stock price shot up 26.7% during mid-day trading on Monday . The company traded as high as $32.99 and last traded at $41.15. 5,662 shares changed hands during trading, a decline of 45% from the average session volume of 10,309 shares. The stock had previously closed at $32.48.

iShares MSCI Finland ETF Stock Up 26.7%

The firm has a market capitalization of $24.69 million, a P/E ratio of 15.40 and a beta of 0.83. The stock has a fifty day moving average of $40.86 and a 200-day moving average of $38.48.

Hedge Funds Weigh In On iShares MSCI Finland ETF

Institutional investors have recently modified their holdings of the business. Geneos Wealth Management Inc. purchased a new position in iShares MSCI Finland ETF in the first quarter valued at approximately $25,000. Highline Wealth Partners LLC purchased a new position in iShares MSCI Finland ETF in the first quarter valued at approximately $26,000. Lunt Capital Management Inc. purchased a new position in iShares MSCI Finland ETF in the first quarter valued at approximately $208,000. Primoris Wealth Advisors LLC purchased a new position in iShares MSCI Finland ETF in the first quarter valued at approximately $239,000. Finally, Cetera Investment Advisers purchased a new position in iShares MSCI Finland ETF in the second quarter valued at approximately $670,000.

iShares MSCI Finland ETF Company Profile

The iShares MSCI Finland ETF (EFNL) is an exchange-traded fund that is based on the MSCI Finland IMI 25\u002F50 index, a market-cap-weighted index of Finnish all-cap stocks. EFNL was launched on Jan 25, 2012 and is managed by BlackRock.