iShares MSCI Norway ETF (BATS:ENOR) Stock Price Up 2.8% – What’s Next?

Shares of iShares MSCI Norway ETF (BATS:ENOR) traded up 2.8% during trading on Tuesday . The stock traded as high as $36.96 and last traded at $36.95. 230,640 shares were traded during trading, an increase of 410% from the average session volume of 45,235 shares. The stock had previously closed at $35.96.

iShares MSCI Norway ETF Stock Performance

The firm’s 50 day moving average price is $33.69 and its two-hundred day moving average price is $30.24. The company has a market cap of $59.12 million, a P/E ratio of 12.79 and a beta of 1.00.

Institutional Investors Weigh In On iShares MSCI Norway ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Equitable Holdings Inc. grew its position in shares of iShares MSCI Norway ETF by 6.2% during the 4th quarter. Equitable Holdings Inc. now owns 32,605 shares of the company’s stock valued at $938,000 after acquiring an additional 1,900 shares during the period. Royal Bank of Canada boosted its holdings in iShares MSCI Norway ETF by 902.5% in the 4th quarter. Royal Bank of Canada now owns 2,005 shares of the company’s stock worth $58,000 after buying an additional 1,805 shares during the period. CIBC Private Wealth Group LLC purchased a new position in iShares MSCI Norway ETF in the 4th quarter valued at approximately $124,000. EWA LLC bought a new position in iShares MSCI Norway ETF in the 4th quarter worth about $356,000. Finally, BFI Infinity Ltd. boosted its position in shares of iShares MSCI Norway ETF by 200.0% in the fourth quarter. BFI Infinity Ltd. now owns 11,120 shares of the company’s stock valued at $320,000 after acquiring an additional 22,240 shares during the period.

About iShares MSCI Norway ETF

The iShares MSCI Norway ETF (ENOR) is an exchange-traded fund that is based on the MSCI Norway IMI 25\u002F50 index, a market-cap-weighted index of Norwegian stocks. ENOR was launched on Jan 23, 2012 and is managed by BlackRock.