iShares MSCI Denmark ETF (BATS:EDEN) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

iShares MSCI Denmark ETF (BATS:EDEN) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-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 changing hands.

iShares MSCI Denmark ETF Stock Up 0.6 %

The company’s fifty day simple moving average is €106.97 and its 200 day simple moving average is €117.05. The stock has a market capitalization of $265.12 million, a price-to-earnings ratio of 13.77 and a beta of 0.79.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in EDEN. IFP Advisors Inc grew its stake in shares of iShares MSCI Denmark ETF by 59.9% in the fourth quarter. IFP Advisors Inc now owns 555 shares of the company’s stock valued at $59,000 after acquiring an additional 208 shares in the last quarter. HighTower Advisors LLC boosted its holdings in iShares MSCI Denmark ETF by 1.4% in the 3rd quarter. HighTower Advisors LLC now owns 22,498 shares of the company’s stock valued at $2,870,000 after purchasing an additional 300 shares during the period. Dai ichi Life Holdings Inc. grew its position in shares of iShares MSCI Denmark ETF by 4.8% during the 3rd quarter. Dai ichi Life Holdings Inc. now owns 8,700 shares of the company’s stock worth $1,106,000 after purchasing an additional 400 shares in the last quarter. Innealta Capital LLC increased its holdings in shares of iShares MSCI Denmark ETF by 4.6% during the third quarter. Innealta Capital LLC now owns 20,071 shares of the company’s stock worth $2,549,000 after purchasing an additional 886 shares during the period. Finally, MML Investors Services LLC raised its position in shares of iShares MSCI Denmark ETF by 25.9% in the third quarter. MML Investors Services LLC now owns 4,798 shares of the company’s stock valued at $609,000 after buying an additional 988 shares in 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.