iShares MSCI Denmark ETF (BATS:EDEN) Share Price Cross Below 200-Day Moving Average – What’s Next?

iShares MSCI Denmark ETF (BATS:EDEN) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €120.29 ($125.30) and traded as low as €103.11 ($107.40). iShares MSCI Denmark ETF shares last traded at €103.21 ($107.51), with a volume of 4,827 shares trading hands.

iShares MSCI Denmark ETF Stock Performance

The stock has a fifty day simple moving average of €110.33 and a 200 day simple moving average of €120.12. The firm has a market cap of $254.60 million, a P/E ratio of 13.77 and a beta of 0.79.

Institutional Trading of iShares MSCI Denmark ETF

A number of institutional investors have recently made changes to their positions in EDEN. Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI Denmark ETF in the third quarter worth $961,000. Marotta Asset Management grew its stake in shares of iShares MSCI Denmark ETF by 5.1% during the 4th quarter. Marotta Asset Management now owns 80,855 shares of the company’s stock valued at $8,683,000 after purchasing an additional 3,919 shares during the period. EP Wealth Advisors LLC purchased a new stake in shares of iShares MSCI Denmark ETF during the 3rd quarter valued at about $310,000. Jane Street Group LLC lifted its stake in shares of iShares MSCI Denmark ETF by 14.6% in the 3rd quarter. Jane Street Group LLC now owns 17,536 shares of the company’s stock worth $2,227,000 after purchasing an additional 2,236 shares during the period. Finally, JTC Employer Solutions Trustee Ltd bought a new position in shares of iShares MSCI Denmark ETF in the 4th quarter worth approximately $108,000.

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.