23,877 iShares MSCI New Zealand ETF $ENZL Shares Sold by Marotta Asset Management

Marotta Asset Management lessened its holdings in iShares MSCI New Zealand ETF (NASDAQ:ENZL) by 12.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 172,060 shares of the company’s stock after selling 23,877 shares during the quarter. iShares MSCI New Zealand ETF comprises approximately 1.3% of Marotta Asset Management’s portfolio, making the stock its 27th largest holding. Marotta Asset Management owned approximately 0.11% of iShares MSCI New Zealand ETF worth $7,756,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ENZL. TD Waterhouse Canada Inc. boosted its holdings in iShares MSCI New Zealand ETF by 13.5% during the second quarter. TD Waterhouse Canada Inc. now owns 101,746 shares of the company’s stock valued at $4,537,000 after purchasing an additional 12,073 shares in the last quarter. Dynamic Advisor Solutions LLC raised its holdings in shares of iShares MSCI New Zealand ETF by 13.1% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 14,712 shares of the company’s stock worth $659,000 after buying an additional 1,700 shares in the last quarter. Royal Bank of Canada lifted its position in shares of iShares MSCI New Zealand ETF by 15.3% during the 1st quarter. Royal Bank of Canada now owns 4,982 shares of the company’s stock worth $212,000 after buying an additional 662 shares during the period. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of iShares MSCI New Zealand ETF during the 1st quarter worth approximately $85,000. Finally, Abound Financial LLC acquired a new stake in iShares MSCI New Zealand ETF in the 4th quarter valued at $53,000.

iShares MSCI New Zealand ETF Stock Up 0.2%

NASDAQ:ENZL traded up $0.09 during trading hours on Friday, reaching $44.98. The company had a trading volume of 18,206 shares, compared to its average volume of 55,621. The stock has a 50-day moving average of $46.88 and a two-hundred day moving average of $45.49. iShares MSCI New Zealand ETF has a one year low of $41.69 and a one year high of $49.04. The firm has a market capitalization of $69.72 million, a PE ratio of 41.58 and a beta of 0.89.

iShares MSCI New Zealand ETF Company Profile

The iShares MSCI New Zealand ETF (ENZL) is an exchange-traded fund that is based on the MSCI New Zeland IMI 25-50 index. The fund tracks the performance of a market-cap-weighted index of equity securities in the top 99% of the New Zealand equity market. ENZL was launched on Sep 1, 2010 and is managed by BlackRock.