iShares MSCI Ireland ETF (NYSEARCA:EIRL) Stock Price Down 2.2% – Time to Sell?

iShares MSCI Ireland ETF (NYSEARCA:EIRL)’s share price traded down 2.2% on Thursday . The stock traded as low as $69.91 and last traded at $70.59. 33,630 shares were traded during trading, an increase of 230% from the average session volume of 10,182 shares. The stock had previously closed at $72.19.

iShares MSCI Ireland ETF Stock Down 2.2%

The stock has a market cap of $67.06 million, a price-to-earnings ratio of 12.65 and a beta of 1.02. The company’s 50-day moving average is $74.02 and its 200-day moving average is $70.84.

Hedge Funds Weigh In On iShares MSCI Ireland ETF

Hedge funds have recently modified their holdings of the stock. Hilltop Holdings Inc. bought a new position in iShares MSCI Ireland ETF during the 4th quarter valued at about $1,327,000. Equitable Holdings Inc. raised its position in iShares MSCI Ireland ETF by 4.3% in the 4th quarter. Equitable Holdings Inc. now owns 19,300 shares of the company’s stock valued at $1,419,000 after purchasing an additional 800 shares during the last quarter. Global Endowment Management LP acquired a new position in iShares MSCI Ireland ETF in the fourth quarter worth $1,103,000. Sepio Capital LP boosted its stake in iShares MSCI Ireland ETF by 1.0% in the fourth quarter. Sepio Capital LP now owns 17,895 shares of the company’s stock worth $1,315,000 after purchasing an additional 178 shares in the last quarter. Finally, Idaho Trust Co grew its holdings in shares of iShares MSCI Ireland ETF by 9.3% during the fourth quarter. Idaho Trust Co now owns 3,614 shares of the company’s stock worth $266,000 after purchasing an additional 307 shares during the last quarter.

About iShares MSCI Ireland ETF

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.