iShares MSCI Norway ETF (BATS:ENOR) Trading 1% Higher – Here’s What Happened

iShares MSCI Norway ETF (BATS:ENOR)’s share price rose 1% during trading on Tuesday . The company traded as high as $37.45 and last traded at $37.32. 129,041 shares were traded during trading, an increase of 62% from the average session volume of 79,471 shares. The stock had previously closed at $36.95.

iShares MSCI Norway ETF Stock Up 1.0%

The firm has a market cap of $59.71 million, a P/E ratio of 12.79 and a beta of 1.00. The firm’s fifty day moving average is $34.76 and its two-hundred day moving average is $35.36.

Hedge Funds Weigh In On iShares MSCI Norway ETF

Several hedge funds and other institutional investors have recently modified their holdings of ENOR. Osaic Holdings Inc. bought a new position in iShares MSCI Norway ETF in the second quarter worth about $29,000. EverSource Wealth Advisors LLC purchased a new stake in iShares MSCI Norway ETF in the first quarter worth about $32,000. Compass Financial Management LLC purchased a new position in shares of iShares MSCI Norway ETF in the 2nd quarter valued at approximately $43,000. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI Norway ETF during the second quarter valued at approximately $43,000. Finally, Rhumbline Advisers boosted its position in shares of iShares MSCI Norway ETF by 23.3% during the first quarter. Rhumbline Advisers now owns 2,010 shares of the company’s stock valued at $52,000 after purchasing an additional 380 shares in the last quarter.

iShares MSCI Norway ETF Company Profile

The iShares MSCI Norway ETF (ENOR) is an exchange-traded fund that is based on the MSCI Norway IMI 25\u002F50 index, a market-cap-weighted index of Norwegian stocks. ENOR was launched on Jan 23, 2012 and is managed by BlackRock.