Global X MSCI Norway ETF (NYSEARCA:NORW) Shares Down 0.3% – Here’s What Happened

Shares of Global X MSCI Norway ETF (NYSEARCA:NORW) traded down 0.3% during mid-day trading on Monday . The stock traded as low as $32.26 and last traded at $32.51. 23,459 shares changed hands during mid-day trading, an increase of 36% from the average session volume of 17,303 shares. The stock had previously closed at $32.60.

Global X MSCI Norway ETF Stock Down 0.3%

The company has a market capitalization of $64.37 million, a P/E ratio of 12.35 and a beta of 0.89. The business has a 50 day moving average of $30.31 and a 200 day moving average of $29.70.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC bought a new stake in Global X MSCI Norway ETF in the second quarter worth $4,388,000. Natural Investments LLC purchased a new position in shares of Global X MSCI Norway ETF in the 3rd quarter worth $1,110,000. Cresset Asset Management LLC grew its stake in shares of Global X MSCI Norway ETF by 2.1% in the 3rd quarter. Cresset Asset Management LLC now owns 29,630 shares of the company’s stock worth $895,000 after buying an additional 597 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Global X MSCI Norway ETF by 138.5% in the 2nd quarter. Bank of America Corp DE now owns 27,930 shares of the company’s stock worth $817,000 after buying an additional 16,217 shares during the last quarter. Finally, UBS Group AG raised its position in shares of Global X MSCI Norway ETF by 58.5% during the 3rd quarter. UBS Group AG now owns 25,582 shares of the company’s stock valued at $773,000 after buying an additional 9,438 shares in the last quarter.

Global X MSCI Norway ETF Company Profile

The Global X MSCI Norway ETF (NORW) is an exchange-traded fund that is based on the MSCI Norway IMI 25\u002F50 index, a market-cap-weighted index of Norwegian stocks. NORW was launched on Nov 9, 2010 and is managed by Global X.