Contravisory Investment Management Inc. Purchases New Shares in iShares MSCI Denmark ETF (BATS:EDEN)

Contravisory Investment Management Inc. acquired a new position in iShares MSCI Denmark ETF (BATS:EDEN) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 5,719 shares of the company’s stock, valued at approximately $611,000. Contravisory Investment Management Inc. owned about 0.25% of iShares MSCI Denmark ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EDEN. Marotta Asset Management acquired a new position in shares of iShares MSCI Denmark ETF in the 2nd quarter valued at $7,183,000. Jane Street Group LLC raised its holdings in iShares MSCI Denmark ETF by 270.0% during the 3rd quarter. Jane Street Group LLC now owns 84,165 shares of the company’s stock worth $6,257,000 after buying an additional 61,420 shares during the period. CX Institutional bought a new position in iShares MSCI Denmark ETF in the first quarter valued at approximately $3,704,000. OLD Mission Capital LLC boosted its holdings in shares of iShares MSCI Denmark ETF by 114.8% in the fourth quarter. OLD Mission Capital LLC now owns 50,540 shares of the company’s stock valued at $4,901,000 after buying an additional 27,007 shares during the period. Finally, HighTower Advisors LLC bought a new stake in shares of iShares MSCI Denmark ETF during the fourth quarter worth $1,718,000.

iShares MSCI Denmark ETF Stock Down 0.8 %

Shares of EDEN stock traded down €0.86 ($0.92) on Monday, reaching €103.47 ($111.26). The stock had a trading volume of 3,448 shares. iShares MSCI Denmark ETF has a 12 month low of €54.51 ($58.61) and a 12 month high of €71.11 ($76.46). The firm has a market capitalization of $243.15 million, a price-to-earnings ratio of 16.92 and a beta of 0.88. The firm’s 50-day moving average is €106.07 and its two-hundred day moving average is €106.27.

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.