Marotta Asset Management Sells 9,405 Shares of iShares MSCI New Zealand ETF (NASDAQ:ENZL)

Marotta Asset Management lowered its stake in shares of iShares MSCI New Zealand ETF (NASDAQ:ENZL) by 5.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 166,885 shares of the company’s stock after selling 9,405 shares during the quarter. iShares MSCI New Zealand ETF comprises 1.6% of Marotta Asset Management’s holdings, making the stock its 20th largest holding. Marotta Asset Management owned 9.82% of iShares MSCI New Zealand ETF worth $7,577,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Blue Trust Inc. boosted its holdings in shares of iShares MSCI New Zealand ETF by 26.7% in the 3rd quarter. Blue Trust Inc. now owns 1,408 shares of the company’s stock valued at $64,000 after buying an additional 297 shares in the last quarter. Syntrinsic LLC acquired a new stake in iShares MSCI New Zealand ETF in the second quarter valued at approximately $48,000. Fortitude Family Office LLC purchased a new position in iShares MSCI New Zealand ETF in the fourth quarter worth $679,000. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares MSCI New Zealand ETF during the third quarter worth $400,000. Finally, Sunbelt Securities Inc. purchased a new stake in shares of iShares MSCI New Zealand ETF during the 3rd quarter valued at $461,000.

iShares MSCI New Zealand ETF Stock Performance

ENZL stock traded down $0.80 on Friday, hitting $44.23. 4,976 shares of the company’s stock were exchanged, compared to its average volume of 6,020. The firm has a 50 day moving average price of $46.68 and a two-hundred day moving average price of $47.36. iShares MSCI New Zealand ETF has a 12-month low of $43.86 and a 12-month high of $50.41. The stock has a market cap of $75.19 million, a P/E ratio of 17.63 and a beta of 0.86.

iShares MSCI New Zealand ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.6152 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares MSCI New Zealand ETF Company Profile

The iShares MSCI New Zealand ETF (ENZL) is an exchange-traded fund that is based on the MSCI New Zeland IMI 25-50 index. The fund tracks the performance of a market-cap-weighted index of equity securities in the top 99% of the New Zealand equity market. ENZL was launched on Sep 1, 2010 and is managed by BlackRock.