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

iShares MSCI Denmark ETF (BATS:EDENGet Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of €120.29 ($125.30) and traded as low as €103.11 ($107.40). iShares MSCI Denmark ETF shares last traded at €103.21 ($107.51), with a volume of 4,827 shares traded.

iShares MSCI Denmark ETF Stock Down 1.3 %

The company has a market cap of $247.69 million, a price-to-earnings ratio of 13.77 and a beta of 0.79. The stock has a fifty day moving average price of €110.61 and a two-hundred day moving average price of €120.29.

Institutional Investors Weigh In On iShares MSCI Denmark ETF

A number of hedge funds and other institutional investors have recently modified their holdings of EDEN. JTC Employer Solutions Trustee Ltd acquired a new position in iShares MSCI Denmark ETF in the fourth quarter valued at about $108,000. EP Wealth Advisors LLC acquired a new position in iShares MSCI Denmark ETF in the third quarter valued at about $310,000. MML Investors Services LLC raised its stake in 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 purchasing an additional 988 shares in the last quarter. Legacy Capital Group California Inc. raised its stake in iShares MSCI Denmark ETF by 1.9% in the third quarter. Legacy Capital Group California Inc. now owns 6,692 shares of the company’s stock valued at $850,000 after purchasing an additional 127 shares in the last quarter. Finally, Contravisory Investment Management Inc. raised its stake in iShares MSCI Denmark ETF by 1.9% in the third 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 in the last quarter.

iShares MSCI Denmark ETF Company Profile

(Get Free Report)

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.

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