iShares MSCI New Zealand ETF (NASDAQ:ENZL) Trading Up 0.1% – Should You Buy?

iShares MSCI New Zealand ETF (NASDAQ:ENZL) rose 0.1% during trading on Monday . The company traded as high as $46.02 and last traded at $45.75. Approximately 1,209 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 6,174 shares. The stock had previously closed at $45.71.

iShares MSCI New Zealand ETF Price Performance

The stock’s fifty day moving average price is $45.51 and its 200 day moving average price is $45.64. The stock has a market capitalization of $70.91 million, a P/E ratio of 41.58 and a beta of 0.89.

Institutional Trading of iShares MSCI New Zealand ETF

Large investors have recently modified their holdings of the company. Jones Financial Companies Lllp purchased a new position in iShares MSCI New Zealand ETF during the 3rd quarter worth $28,000. Harel Insurance Investments & Financial Services Ltd. grew its position in shares of iShares MSCI New Zealand ETF by 100.0% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,000 shares of the company’s stock worth $46,000 after buying an additional 500 shares in the last quarter. Susquehanna International Group LLP increased its stake 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 buying an additional 16,407 shares during the period. Wexford Capital LP purchased a new position in shares of iShares MSCI New Zealand ETF during the third quarter valued at $1,378,000. Finally, Jane Street Group LLC raised its holdings in shares of iShares MSCI New Zealand ETF by 11.7% in the first quarter. Jane Street Group LLC now owns 42,860 shares of the company’s stock valued at $1,804,000 after acquiring an additional 4,491 shares in the last quarter.

About iShares MSCI New Zealand ETF

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.