iShares MSCI Denmark ETF (BATS:EDEN) Stock Pass Below 200-Day Moving Average – Should You Sell?

iShares MSCI Denmark ETF (BATS:EDEN) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €118.11 ($121.76) and traded as low as €106.56 ($109.86). iShares MSCI Denmark ETF shares last traded at €106.57 ($109.86), with a volume of 2,113 shares traded.

iShares MSCI Denmark ETF Stock Down 0.5 %

The business’s 50 day simple moving average is €108.35 and its 200 day simple moving average is €118.11. The company has a market capitalization of $254.59 million, a PE ratio of 13.77 and a beta of 0.79.

Hedge Funds Weigh In On iShares MSCI Denmark ETF

A number of large investors have recently made changes to their positions in EDEN. IFP Advisors Inc grew its position in iShares MSCI Denmark ETF by 59.9% during the fourth quarter. IFP Advisors Inc now owns 555 shares of the company’s stock valued at $59,000 after purchasing an additional 208 shares in the last quarter. JTC Employer Solutions Trustee Ltd purchased a new position in shares of iShares MSCI Denmark ETF during the 4th quarter valued at $108,000. EP Wealth Advisors LLC purchased a new position in shares of iShares MSCI Denmark ETF during the 3rd quarter valued at $310,000. MML Investors Services LLC raised its holdings in shares of iShares MSCI Denmark ETF by 25.9% during the third quarter. MML Investors Services LLC now owns 4,798 shares of the company’s stock worth $609,000 after acquiring an additional 988 shares in the last quarter. Finally, Legacy Capital Group California Inc. raised its holdings in shares of iShares MSCI Denmark ETF by 1.9% during the third quarter. Legacy Capital Group California Inc. now owns 6,692 shares of the company’s stock worth $850,000 after acquiring an additional 127 shares in the last quarter.

iShares MSCI Denmark ETF Company Profile

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