iShares MSCI Sweden ETF (NYSEARCA:EWD) Trading 0.2% Higher – Should You Buy?

iShares MSCI Sweden ETF (NYSEARCA:EWD)’s share price rose 0.2% during trading on Monday . The company traded as high as $49.84 and last traded at $49.63. Approximately 134,414 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 159,406 shares. The stock had previously closed at $49.55.

iShares MSCI Sweden ETF Price Performance

The business has a 50-day simple moving average of $51.46 and a 200 day simple moving average of $49.61. The firm has a market cap of $310.26 million, a PE ratio of 20.15 and a beta of 1.14.

Hedge Funds Weigh In On iShares MSCI Sweden ETF

Several large investors have recently added to or reduced their stakes in EWD. Kestra Advisory Services LLC purchased a new stake in shares of iShares MSCI Sweden ETF in the fourth quarter worth $33,000. Jones Financial Companies Lllp boosted its holdings in iShares MSCI Sweden ETF by 398.7% in the 1st quarter. Jones Financial Companies Lllp now owns 1,157 shares of the company’s stock worth $49,000 after buying an additional 925 shares during the period. Rhumbline Advisers boosted its holdings in iShares MSCI Sweden ETF by 76.8% in the 1st quarter. Rhumbline Advisers now owns 2,900 shares of the company’s stock worth $122,000 after buying an additional 1,260 shares during the period. Raymond James Financial Inc. purchased a new stake in iShares MSCI Sweden ETF in the 2nd quarter worth $122,000. Finally, CIBC Private Wealth Group LLC purchased a new stake in iShares MSCI Sweden ETF in the 4th quarter worth $129,000. Hedge funds and other institutional investors own 49.63% of the company’s stock.

About iShares MSCI Sweden ETF

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