iShares MSCI Netherlands ETF (NYSEARCA:EWN) Stock Price Pass Below 200-Day Moving Average – What’s Next?

iShares MSCI Netherlands ETF (NYSEARCA:EWN)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $58.69 and traded as low as $58.50. iShares MSCI Netherlands ETF shares last traded at $58.63, with a volume of 194,522 shares changing hands.

iShares MSCI Netherlands ETF Price Performance

The stock has a market cap of $337.12 million, a price-to-earnings ratio of 19.71 and a beta of 1.16. The stock’s 50-day moving average is $61.49 and its 200-day moving average is $58.69.

Hedge Funds Weigh In On iShares MSCI Netherlands ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Lunt Capital Management Inc. increased its holdings in iShares MSCI Netherlands ETF by 4.5% in the 4th quarter. Lunt Capital Management Inc. now owns 3,834 shares of the exchange traded fund’s stock valued at $219,000 after purchasing an additional 165 shares in the last quarter. Global Retirement Partners LLC increased its holdings in iShares MSCI Netherlands ETF by 54.7% in the third quarter. Global Retirement Partners LLC now owns 1,205 shares of the exchange traded fund’s stock valued at $70,000 after buying an additional 426 shares during the last quarter. Cobblestone Asset Management LLC raised its holdings in shares of iShares MSCI Netherlands ETF by 4.3% during the third quarter. Cobblestone Asset Management LLC now owns 11,568 shares of the exchange traded fund’s stock worth $671,000 after purchasing an additional 481 shares during the period. CIBC Private Wealth Group LLC acquired a new position in iShares MSCI Netherlands ETF in the fourth quarter valued at approximately $33,000. Finally, Mount Lucas Management LP boosted its holdings in shares of iShares MSCI Netherlands ETF by 4.5% during the third quarter. Mount Lucas Management LP now owns 15,426 shares of the exchange traded fund’s stock valued at $895,000 after acquiring an additional 670 shares during the period.

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.