iShares MSCI Ireland ETF (NYSEARCA:EIRL) Trading 1.6% Higher – Time to Buy?

iShares MSCI Ireland ETF (NYSEARCA:EIRLGet Free Report) shot up 1.6% during mid-day trading on Tuesday . The company traded as high as $67.08 and last traded at $67.08. 1,880 shares traded hands during trading, a decline of 67% from the average session volume of 5,712 shares. The stock had previously closed at $66.05.

iShares MSCI Ireland ETF Price Performance

The stock’s fifty day moving average is $66.61 and its 200-day moving average is $62.83. The stock has a market capitalization of $63.73 million, a PE ratio of 12.65 and a beta of 1.09.

Hedge Funds Weigh In On iShares MSCI Ireland ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Zacks Investment Management purchased a new position in iShares MSCI Ireland ETF during the fourth quarter valued at $614,000. Wealthfront Advisers LLC purchased a new position in iShares MSCI Ireland ETF during the first quarter valued at $226,000. Citadel Advisors LLC lifted its holdings in iShares MSCI Ireland ETF by 1,018.8% during the fourth quarter. Citadel Advisors LLC now owns 36,115 shares of the company’s stock valued at $2,121,000 after purchasing an additional 32,887 shares in the last quarter. Cyndeo Wealth Partners LLC lifted its holdings in iShares MSCI Ireland ETF by 7.1% during the first quarter. Cyndeo Wealth Partners LLC now owns 4,219 shares of the company’s stock valued at $249,000 after purchasing an additional 281 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in iShares MSCI Ireland ETF by 161.5% during the fourth quarter. Jane Street Group LLC now owns 57,593 shares of the company’s stock valued at $3,382,000 after purchasing an additional 35,571 shares in the last quarter.

iShares MSCI Ireland ETF Company Profile

(Get Free Report)

The iShares MSCI Ireland ETF (EIRL) is an exchange-traded fund that is based on the MSCI All Ireland Capped index, a market-cap-weighted index of Irish firms. EIRL was launched on May 5, 2010 and is managed by BlackRock.

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