iShares MSCI Denmark ETF (BATS:EDEN) Stock Cross Below 200 Day Moving Average – Should You Sell?

iShares MSCI Denmark ETF (BATS:EDEN) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €121.56 ($125.32) and traded as low as €105.74 ($109.01). iShares MSCI Denmark ETF shares last traded at €106.04 ($109.32), with a volume of 20,015 shares trading hands.

iShares MSCI Denmark ETF Stock Down 0.0 %

The firm has a 50-day moving average of €112.82 and a 200 day moving average of €121.56. The stock has a market capitalization of $254.40 million, a P/E ratio of 13.77 and a beta of 0.79.

Institutional Trading of iShares MSCI Denmark ETF

Several institutional investors have recently made changes to their positions in the business. Marotta Asset Management raised its stake in iShares MSCI Denmark ETF by 2.7% during the third quarter. Marotta Asset Management now owns 76,936 shares of the company’s stock worth $9,772,000 after acquiring an additional 2,041 shares in the last quarter. Contravisory Investment Management Inc. lifted its holdings in iShares MSCI Denmark ETF by 1.9% during the 3rd quarter. Contravisory Investment Management Inc. now owns 6,762 shares of the company’s stock valued at $859,000 after purchasing an additional 127 shares during the last quarter. Jane Street Group LLC boosted its position in iShares MSCI Denmark ETF by 14.6% in the third quarter. Jane Street Group LLC now owns 17,536 shares of the company’s stock valued at $2,227,000 after buying an additional 2,236 shares in the last quarter. HighTower Advisors LLC grew its stake in iShares MSCI Denmark ETF by 1.4% during the third quarter. HighTower Advisors LLC now owns 22,498 shares of the company’s stock worth $2,870,000 after buying an additional 300 shares during the last quarter. Finally, Idaho Trust Bank bought a new stake in iShares MSCI Denmark ETF during the second quarter worth about $1,121,000.

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.