iShares MSCI Belgium ETF (NYSEARCA:EWK) Shares Up 0.9% – Still a Buy?

iShares MSCI Belgium ETF (NYSEARCA:EWK) shares were up 0.9% on Monday . The company traded as high as $18.75 and last traded at $18.69. Approximately 8,374 shares changed hands during trading, a decline of 51% from the average daily volume of 16,955 shares. The stock had previously closed at $18.52.

iShares MSCI Belgium ETF Price Performance

The firm has a market capitalization of $20.83 million, a P/E ratio of 10.42 and a beta of 0.83. The business has a 50 day moving average price of $18.56 and a 200 day moving average price of $19.44.

Institutional Trading of iShares MSCI Belgium ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Hilltop Holdings Inc. boosted its position in shares of iShares MSCI Belgium ETF by 26.5% during the third quarter. Hilltop Holdings Inc. now owns 121,199 shares of the company’s stock worth $2,530,000 after purchasing an additional 25,420 shares in the last quarter. Jane Street Group LLC raised its stake in iShares MSCI Belgium ETF by 62.0% during the 3rd quarter. Jane Street Group LLC now owns 30,000 shares of the company’s stock worth $626,000 after buying an additional 11,487 shares during the period. Finally, Flow Traders U.S. LLC lifted its holdings in iShares MSCI Belgium ETF by 71.7% during the third quarter. Flow Traders U.S. LLC now owns 23,773 shares of the company’s stock worth $496,000 after acquiring an additional 9,926 shares in the last quarter.

iShares MSCI Belgium ETF Company Profile

iShares MSCI Belgium Capped ETF, formerly iShares MSCI Belgium Capped Investable Market Index Fund (the Fund), is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Belgian market, as measured by the MSCI Belgium Investable Market Index (the Index).