iShares MSCI Austria ETF (NYSEARCA:EWO) Trading 1.7% Higher – Here’s What Happened

Shares of iShares MSCI Austria ETF (NYSEARCA:EWO) shot up 1.7% during trading on Monday . The stock traded as high as $43.91 and last traded at $43.80. 20,082 shares were traded during mid-day trading, a decline of 62% from the average session volume of 52,749 shares. The stock had previously closed at $43.06.

iShares MSCI Austria ETF Stock Up 1.7%

The company has a market capitalization of $183.96 million, a price-to-earnings ratio of 11.04 and a beta of 0.80. The business’s 50-day moving average is $43.37 and its 200-day moving average is $40.58.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of EWO. EverSource Wealth Advisors LLC increased its holdings in iShares MSCI Austria ETF by 425.0% in the first quarter. EverSource Wealth Advisors LLC now owns 1,071 shares of the company’s stock valued at $38,000 after buying an additional 867 shares in the last quarter. Harbour Investments Inc. purchased a new position in iShares MSCI Austria ETF in the 4th quarter valued at about $46,000. Royal Bank of Canada boosted its holdings in iShares MSCI Austria ETF by 59.1% in the 1st quarter. Royal Bank of Canada now owns 2,288 shares of the company’s stock worth $82,000 after buying an additional 850 shares during the last quarter. Roan Capital Partners acquired a new stake in iShares MSCI Austria ETF in the 2nd quarter worth about $304,000. Finally, Dorsey Wright & Associates purchased a new stake in iShares MSCI Austria ETF during the 1st quarter worth approximately $586,000.

iShares MSCI Austria ETF Company Profile

iShares MSCI Austria Capped ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the MSCI Austria IMI 25/50 Index (the Underlying Index). The Underlying Index consists of stocks traded on the Vienna Stock Exchange. The Underlying Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight and all issuers with weight above 5% do not exceed 50% of the Underlying Index weight.