iShares MSCI Austria ETF (NYSEARCA:EWO) Stock Price Down 0% – Time to Sell?

iShares MSCI Austria ETF (NYSEARCA:EWO)’s share price dropped 0% during mid-day trading on Wednesday . The company traded as low as $24.98 and last traded at $25.17. Approximately 134,492 shares traded hands during trading, an increase of 323% from the average daily volume of 31,786 shares. The stock had previously closed at $25.18.

iShares MSCI Austria ETF Price Performance

The company has a market cap of $69.22 million, a price-to-earnings ratio of 11.02 and a beta of 1.09. The firm has a fifty day simple moving average of $24.22 and a 200 day simple moving average of $22.47.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of EWO. Jane Street Group LLC lifted its position in iShares MSCI Austria ETF by 32.1% during the 3rd quarter. Jane Street Group LLC now owns 149,682 shares of the company’s stock worth $3,416,000 after acquiring an additional 36,343 shares during the last quarter. Sanctuary Advisors LLC increased its stake in shares of iShares MSCI Austria ETF by 23.1% in the third quarter. Sanctuary Advisors LLC now owns 36,781 shares of the company’s stock worth $766,000 after purchasing an additional 6,909 shares during the period. Wealthfront Advisers LLC acquired a new position in shares of iShares MSCI Austria ETF during the 4th quarter worth about $30,300,000. Finally, Marotta Asset Management boosted its stake in iShares MSCI Austria ETF by 1.1% during the 1st quarter. Marotta Asset Management now owns 360,798 shares of the company’s stock valued at $9,063,000 after purchasing an additional 3,828 shares during the period.

About iShares MSCI Austria ETF

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.