iShares MSCI Sweden ETF (NYSEARCA:EWD) Sees Large Volume Increase – Here’s What Happened

iShares MSCI Sweden ETF (NYSEARCA:EWD – Get Free Report) saw strong trading volume on Tuesday. 582,005 shares traded hands during mid-day trading, an increase of 178% from the previous session’s volume of 209,371 shares. The stock last traded at $51.0790 and had previously closed at $50.48.

iShares MSCI Sweden ETF Trading Down 1.2%

The stock has a 50 day simple moving average of $52.02 and a 200-day simple moving average of $51.40. The firm has a market cap of $970.58 million, a PE ratio of 20.15 and a beta of 1.09.

Hedge Funds Weigh In On iShares MSCI Sweden ETF

Several institutional investors have recently added to or reduced their stakes in the company. Contravisory Investment Management Inc. bought a new stake in iShares MSCI Sweden ETF in the third quarter worth about $1,109,000. Versant Capital Management Inc purchased a new position in iShares MSCI Sweden ETF in the 3rd quarter worth about $60,000. Syon Capital LLC lifted its holdings in iShares MSCI Sweden ETF by 27.9% during the 2nd quarter. Syon Capital LLC now owns 114,129 shares of the company’s stock valued at $5,704,000 after buying an additional 24,884 shares in the last quarter. Avior Wealth Management LLC bought a new position in iShares MSCI Sweden ETF in the 2nd quarter worth about $257,000. Finally, Bank of America Corp DE increased its holdings in iShares MSCI Sweden ETF by 2.8% during the 1st quarter. Bank of America Corp DE now owns 802,185 shares of the company’s stock worth $39,082,000 after purchasing an additional 21,649 shares during the period. Hedge funds and other institutional investors own 49.63% of the company’s stock.

iShares MSCI Sweden ETF Company Profile

(Get Free Report)

Ishares

See Also

Receive News & Ratings for iShares MSCI Sweden ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Sweden ETF and related companies with MarketBeat.com's FREE daily email newsletter.