iShares MSCI Netherlands ETF (NYSEARCA:EWN) Share Price Pass Below Two Hundred Day Moving Average – Here’s Why

iShares MSCI Netherlands ETF (NYSEARCA:EWN)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $59.12 and traded as low as $56.19. iShares MSCI Netherlands ETF shares last traded at $57.51, with a volume of 467,804 shares trading hands.

iShares MSCI Netherlands ETF Stock Up 3.9%

The firm’s fifty day simple moving average is $60.76 and its 200-day simple moving average is $59.12. The firm has a market capitalization of $330.68 million, a PE ratio of 19.71 and a beta of 1.16.

Hedge Funds Weigh In On iShares MSCI Netherlands ETF

A number of hedge funds have recently added to or reduced their stakes in EWN. Lunt Capital Management Inc. lifted its position 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 acquiring an additional 165 shares in the last quarter. Global Retirement Partners LLC increased its holdings in shares of iShares MSCI Netherlands ETF by 54.7% in the 3rd quarter. Global Retirement Partners LLC now owns 1,205 shares of the exchange traded fund’s stock worth $70,000 after purchasing an additional 426 shares in the last quarter. Cobblestone Asset Management LLC raised its stake in shares of iShares MSCI Netherlands ETF by 4.3% in 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 last quarter. CIBC Private Wealth Group LLC purchased a new position in shares of iShares MSCI Netherlands ETF in the fourth quarter worth $33,000. Finally, Mount Lucas Management LP lifted 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 purchasing an additional 670 shares in the last quarter.

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.