iShares MSCI Denmark ETF (BATS:EDEN) Stock Pass Below Two Hundred Day Moving Average – Here’s What Happened

iShares MSCI Denmark ETF (BATS:EDEN) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of €117.08 ($121.96) and traded as low as €109.12 ($113.67). iShares MSCI Denmark ETF shares last traded at €109.83 ($114.40), with a volume of 3,861 shares trading hands.

iShares MSCI Denmark ETF Price Performance

The company’s 50 day moving average price is €106.97 and its 200 day moving average price is €117.08. The firm has a market cap of $265.12 million, a PE ratio of 13.77 and a beta of 0.79.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Citadel Advisors LLC purchased a new position in iShares MSCI Denmark ETF in the fourth quarter worth approximately $6,102,000. Bank of America Corp DE lifted its stake in iShares MSCI Denmark ETF by 31,033.3% in the fourth quarter. Bank of America Corp DE now owns 3,736 shares of the company’s stock worth $397,000 after acquiring an additional 3,724 shares during the last quarter. Jane Street Group LLC lifted its stake in iShares MSCI Denmark ETF by 251.7% in the fourth quarter. Jane Street Group LLC now owns 61,676 shares of the company’s stock worth $6,561,000 after acquiring an additional 44,140 shares during the last quarter. Dai ichi Life Holdings Inc. lifted its stake in iShares MSCI Denmark ETF by 9.2% in the fourth quarter. Dai ichi Life Holdings Inc. now owns 9,500 shares of the company’s stock worth $1,026,000 after acquiring an additional 800 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in iShares MSCI Denmark ETF by 31.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 8,389 shares of the company’s stock worth $892,000 after acquiring an additional 2,005 shares during the last quarter.

iShares MSCI Denmark ETF Company Profile

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