iShares MSCI Poland ETF (NYSEARCA:EPOL) Hits New 12-Month High – What’s Next?

iShares MSCI Poland ETF (NYSEARCA:EPOL) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $40.96 and last traded at $40.93, with a volume of 346778 shares traded. The stock had previously closed at $40.56.

iShares MSCI Poland ETF Trading Up 0.9%

The firm has a market cap of $650.47 million, a price-to-earnings ratio of 9.04 and a beta of 1.02. The company’s 50-day moving average is $39.28 and its 200-day moving average is $37.14.

Institutional Trading of iShares MSCI Poland ETF

A number of hedge funds have recently added to or reduced their stakes in EPOL. Jane Street Group LLC acquired a new stake in iShares MSCI Poland ETF in the second quarter valued at approximately $27,494,000. JPMorgan Chase & Co. boosted its position in iShares MSCI Poland ETF by 131.5% in the fourth quarter. JPMorgan Chase & Co. now owns 680,399 shares of the company’s stock valued at $23,943,000 after buying an additional 386,497 shares in the last quarter. Bank of America Corp DE boosted its position in iShares MSCI Poland ETF by 860.9% in the third quarter. Bank of America Corp DE now owns 244,960 shares of the company’s stock valued at $7,888,000 after buying an additional 219,467 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in iShares MSCI Poland ETF in the third quarter valued at approximately $5,267,000. Finally, State of Tennessee Department of Treasury boosted its position in iShares MSCI Poland ETF by 8.8% in the second quarter. State of Tennessee Department of Treasury now owns 1,646,796 shares of the company’s stock valued at $53,126,000 after buying an additional 132,755 shares in the last quarter.

About iShares MSCI Poland ETF

The iShares MSCI Poland ETF (EPOL) is an exchange-traded fund that is based on the MSCI Poland IMI 25-50 index, a market-cap-weighted index of the broader Polish equity market. EPOL was launched on May 25, 2010 and is managed by BlackRock.