iShares MSCI Ireland ETF (NYSEARCA:EIRL) Trading Down 0.8% – Should You Sell?

iShares MSCI Ireland ETF (NYSEARCA:EIRL)’s share price were down 0.8% during trading on Tuesday . The company traded as low as $59.46 and last traded at $59.61. Approximately 7,265 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 10,052 shares. The stock had previously closed at $60.07.

iShares MSCI Ireland ETF Stock Up 0.5 %

The company has a market capitalization of $104.84 million, a P/E ratio of 17.14 and a beta of 1.03. The business has a fifty day moving average price of $64.76 and a 200 day moving average price of $66.88.

Hedge Funds Weigh In On iShares MSCI Ireland ETF

A number of large investors have recently made changes to their positions in the company. Comerica Bank boosted its holdings in shares of iShares MSCI Ireland ETF by 141.4% in the 1st quarter. Comerica Bank now owns 461 shares of the company’s stock valued at $32,000 after purchasing an additional 270 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its position in shares of iShares MSCI Ireland ETF by 60.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,792 shares of the company’s stock worth $123,000 after purchasing an additional 672 shares during the period. Sunbelt Securities Inc. bought a new stake in iShares MSCI Ireland ETF in the second quarter worth approximately $287,000. EverSource Wealth Advisors LLC increased its holdings in iShares MSCI Ireland ETF by 205.4% in the first quarter. EverSource Wealth Advisors LLC now owns 6,194 shares of the company’s stock worth $412,000 after purchasing an additional 4,166 shares in the last quarter. Finally, Legacy Capital Group California Inc. increased its holdings in shares of iShares MSCI Ireland ETF by 4.1% during the second quarter. Legacy Capital Group California Inc. now owns 12,632 shares of the company’s stock valued at $814,000 after acquiring an additional 501 shares in the last quarter.

About iShares MSCI Ireland ETF

The iShares MSCI Ireland ETF (EIRL) is an exchange-traded fund that is based on the MSCI All Ireland Capped index, a market-cap-weighted index of Irish firms. EIRL was launched on May 5, 2010 and is managed by BlackRock.