iShares MSCI New Zealand ETF (NASDAQ:ENZL) Stock Price Up 1.4% – Here’s What Happened

iShares MSCI New Zealand ETF (NASDAQ:ENZL)’s stock price rose 1.4% during mid-day trading on Tuesday . The company traded as high as $47.79 and last traded at $47.52. Approximately 17,358 shares changed hands during mid-day trading, an increase of 86% from the average daily volume of 9,309 shares. The stock had previously closed at $46.87.

iShares MSCI New Zealand ETF Stock Performance

The stock has a market cap of $68.90 million, a PE ratio of 41.58 and a beta of 0.89. The stock has a fifty day moving average price of $45.64 and a 200 day moving average price of $45.72.

iShares MSCI New Zealand ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a $0.5752 dividend. The ex-dividend date was Tuesday, December 16th.

Hedge Funds Weigh In On iShares MSCI New Zealand ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Jones Financial Companies Lllp purchased a new position in shares of iShares MSCI New Zealand ETF during the third quarter worth $28,000. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of iShares MSCI New Zealand ETF by 100.0% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,000 shares of the company’s stock valued at $46,000 after buying an additional 500 shares in the last quarter. Sunpointe LLC acquired a new stake in shares of iShares MSCI New Zealand ETF in the fourth quarter valued at about $212,000. Susquehanna International Group LLP raised its holdings in shares of iShares MSCI New Zealand ETF by 219.5% during the third quarter. Susquehanna International Group LLP now owns 23,881 shares of the company’s stock valued at $1,097,000 after acquiring an additional 16,407 shares during the last quarter. Finally, Wexford Capital LP acquired a new stake in iShares MSCI New Zealand ETF during the 3rd quarter worth $1,378,000.

iShares MSCI New Zealand ETF Company Profile

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.