iShares MSCI Norway ETF (BATS:ENOR) Trading Up 1.6% – Here’s Why

Shares of iShares MSCI Norway ETF (BATS:ENOR) traded up 1.6% during trading on Friday . The stock traded as high as $23.83 and last traded at $23.79. 2,470 shares were traded during trading, The stock had previously closed at $23.42.

iShares MSCI Norway ETF Stock Performance

The stock’s 50 day moving average price is $24.15 and its 200-day moving average price is $24.44. The company has a market cap of $27.36 million, a PE ratio of 6.86 and a beta of 0.74.

Institutional Investors Weigh In On iShares MSCI Norway ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ENOR. Sunbelt Securities Inc. purchased a new position in shares of iShares MSCI Norway ETF in the second quarter valued at about $153,000. Family Firm Inc. purchased a new stake in iShares MSCI Norway ETF in the 2nd quarter worth approximately $36,000. Jane Street Group LLC grew its position in shares of iShares MSCI Norway ETF by 372.5% in the 3rd quarter. Jane Street Group LLC now owns 47,551 shares of the company’s stock worth $1,165,000 after buying an additional 37,488 shares during the last quarter. Finally, DRW Securities LLC purchased a new position in shares of iShares MSCI Norway ETF during the third quarter valued at approximately $393,000.

iShares MSCI Norway ETF Company Profile

The iShares MSCI Norway ETF (ENOR) is an exchange-traded fund that is based on the MSCI Norway IMI 25\u002F50 index, a market-cap-weighted index of Norwegian stocks. ENOR was launched on Jan 23, 2012 and is managed by BlackRock.