iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Stock Price Cross Above 50-Day Moving Average – Time to Sell?

Shares of iShares MSCI Water Management Multisector ETF (NASDAQ:IWTRGet Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $31.72 and traded as high as $31.82. iShares MSCI Water Management Multisector ETF shares last traded at $31.82, with a volume of 15 shares changing hands.

iShares MSCI Water Management Multisector ETF Price Performance

The firm’s fifty day simple moving average is $31.70 and its 200 day simple moving average is $31.28. The company has a market capitalization of $6.32 million, a price-to-earnings ratio of 21.65 and a beta of -0.84.

Institutional Trading of iShares MSCI Water Management Multisector ETF

A hedge fund recently bought a new stake in iShares MSCI Water Management Multisector ETF stock. Flow Traders U.S. LLC acquired a new position in iShares MSCI Water Management Multisector ETF (NASDAQ:IWTRFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 46,922 shares of the company’s stock, valued at approximately $1,505,000. Flow Traders U.S. LLC owned approximately 23.46% of iShares MSCI Water Management Multisector ETF at the end of the most recent quarter.

About iShares MSCI Water Management Multisector ETF

(Get Free Report)

The iShares MSCI Water Management Multisector ETF (IWTR) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks a tier-weighted index of global companies that derive revenue from sustainable water or demonstrate relatively efficient water management. IWTR was launched on Sep 20, 2022 and is managed by BlackRock.

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