iShares MSCI Norway ETF (BATS:ENOR) Shares Down 1.1% – Here’s What Happened

iShares MSCI Norway ETF (BATS:ENOR) shares fell 1.1% during trading on Tuesday . The stock traded as low as $33.81 and last traded at $34.03. 44,985 shares traded hands during mid-day trading, an increase of 75% from the average session volume of 25,680 shares. The stock had previously closed at $34.40.

iShares MSCI Norway ETF Stock Up 0.0%

The company has a 50 day simple moving average of $32.03 and a two-hundred day simple moving average of $29.54. The company has a market capitalization of $55.78 million, a P/E ratio of 12.79 and a beta of 1.00.

Hedge Funds Weigh In On iShares MSCI Norway ETF

Large investors have recently modified their holdings of the stock. Osaic Holdings Inc. purchased a new stake in iShares MSCI Norway ETF during the 2nd quarter valued at $29,000. Raymond James Financial Inc. purchased a new position in iShares MSCI Norway ETF during the second quarter worth $43,000. Rhumbline Advisers boosted its stake in iShares MSCI Norway ETF by 23.3% during the first quarter. Rhumbline Advisers now owns 2,010 shares of the company’s stock worth $52,000 after buying an additional 380 shares during the period. Royal Bank of Canada increased its position in iShares MSCI Norway ETF by 902.5% during the fourth quarter. Royal Bank of Canada now owns 2,005 shares of the company’s stock valued at $58,000 after acquiring an additional 1,805 shares during the last quarter. Finally, CIBC Private Wealth Group LLC bought a new position in iShares MSCI Norway ETF during the fourth quarter valued at $124,000.

iShares MSCI Norway ETF Company Profile

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.