iShares MSCI Italy ETF (NYSEARCA:EWI) Stock Price Pass Below 50 Day Moving Average of $37.57

iShares MSCI Italy ETF (NYSEARCA:EWI) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $37.57 and traded as low as $36.31. iShares MSCI Italy ETF shares last traded at $36.46, with a volume of 362,362 shares trading hands.

iShares MSCI Italy ETF Price Performance

The company has a market capitalization of $416.26 million, a price-to-earnings ratio of 10.55 and a beta of 0.87. The business has a fifty day moving average price of $37.53 and a 200 day moving average price of $36.03.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of EWI. Jane Street Group LLC grew its holdings in iShares MSCI Italy ETF by 273.3% during the first quarter. Jane Street Group LLC now owns 633,020 shares of the exchange traded fund’s stock worth $23,878,000 after acquiring an additional 463,460 shares during the period. Flow Traders U.S. LLC boosted its position in shares of iShares MSCI Italy ETF by 7,557.6% in the 1st quarter. Flow Traders U.S. LLC now owns 453,486 shares of the exchange traded fund’s stock valued at $17,105,000 after purchasing an additional 447,564 shares during the period. LPL Financial LLC acquired a new position in shares of iShares MSCI Italy ETF in the 3rd quarter valued at $8,349,000. Moran Wealth Management LLC acquired a new stake in iShares MSCI Italy ETF during the 4th quarter worth about $7,956,000. Finally, Adams Wealth Management acquired a new stake in iShares MSCI Italy ETF during the 1st quarter worth about $7,522,000.

iShares MSCI Italy ETF Company Profile

iShares MSCI Italy Capped ETF, formerly iShares MSCI Italy Capped Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Italy 25/50 Index (Index). The Index consists of stocks traded primarily on the Milan Stock Exchange.