iShares MSCI Belgium ETF (NYSEARCA:EWK) Stock Price Up 0.9% – Time to Buy?

iShares MSCI Belgium ETF (NYSEARCA:EWK)’s stock price rose 0.9% during trading on Monday . The company traded as high as $18.75 and last traded at $18.69. Approximately 8,374 shares changed hands during trading, a decline of 51% from the average daily volume of 16,955 shares. The stock had previously closed at $18.52.

iShares MSCI Belgium ETF Stock Performance

The company has a market cap of $20.93 million, a P/E ratio of 10.42 and a beta of 0.83. The company has a fifty day moving average price of $18.57 and a two-hundred day moving average price of $19.45.

Institutional Investors Weigh In On iShares MSCI Belgium ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Flow Traders U.S. LLC lifted its holdings in shares of iShares MSCI Belgium ETF by 71.7% during the 3rd quarter. Flow Traders U.S. LLC now owns 23,773 shares of the company’s stock worth $496,000 after acquiring an additional 9,926 shares during the period. Jane Street Group LLC raised its position in iShares MSCI Belgium ETF by 62.0% during the third quarter. Jane Street Group LLC now owns 30,000 shares of the company’s stock valued at $626,000 after purchasing an additional 11,487 shares in the last quarter. Finally, Hilltop Holdings Inc. lifted its stake in iShares MSCI Belgium ETF by 26.5% during the third quarter. Hilltop Holdings Inc. now owns 121,199 shares of the company’s stock worth $2,530,000 after purchasing an additional 25,420 shares during the last quarter.

About iShares MSCI Belgium ETF

iShares MSCI Belgium Capped ETF, formerly iShares MSCI Belgium Capped Investable Market Index Fund (the Fund), is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Belgian market, as measured by the MSCI Belgium Investable Market Index (the Index).