Marotta Asset Management Sells 23,877 Shares of iShares MSCI New Zealand ETF $ENZL

by · The Markets Daily

Marotta Asset Management cut its holdings in iShares MSCI New Zealand ETF (NASDAQ:ENZL – Free Report) by 12.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 172,060 shares of the company’s stock after selling 23,877 shares during the period. iShares MSCI New Zealand ETF accounts for approximately 1.3% of Marotta Asset Management’s portfolio, making the stock its 27th biggest holding. Marotta Asset Management owned 11.10% of iShares MSCI New Zealand ETF worth $7,756,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Abound Financial LLC bought a new stake in iShares MSCI New Zealand ETF during the 4th quarter valued at approximately $53,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of iShares MSCI New Zealand ETF during the first quarter worth approximately $85,000. Royal Bank of Canada lifted its holdings in shares of iShares MSCI New Zealand ETF by 15.3% during the first quarter. Royal Bank of Canada now owns 4,982 shares of the company’s stock worth $212,000 after buying an additional 662 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in shares of iShares MSCI New Zealand ETF by 13.1% during the second quarter. Dynamic Advisor Solutions LLC now owns 14,712 shares of the company’s stock worth $659,000 after buying an additional 1,700 shares during the last quarter. Finally, TD Waterhouse Canada Inc. boosted its position in shares of iShares MSCI New Zealand ETF by 13.5% in the second quarter. TD Waterhouse Canada Inc. now owns 101,746 shares of the company’s stock valued at $4,537,000 after acquiring an additional 12,073 shares during the period.

iShares MSCI New Zealand ETF Price Performance

Shares of iShares MSCI New Zealand ETF stock traded up $0.09 during midday trading on Friday, hitting $44.98. The company had a trading volume of 18,206 shares, compared to its average volume of 55,621. The business’s 50 day simple moving average is $46.88 and its two-hundred day simple moving average is $45.49. The stock has a market cap of $69.72 million, a PE ratio of 41.58 and a beta of 0.89. iShares MSCI New Zealand ETF has a 1-year low of $41.69 and a 1-year high of $49.04.

About iShares MSCI New Zealand ETF

(Free Report)

The iShares MSCI New Zealand ETF (ENZL) is an exchange-traded fund that is based on the MSCI New Zeland IMI 25-50 index. The fund tracks the performance of a market-cap-weighted index of equity securities in the top 99% of the New Zealand equity market. ENZL was launched on Sep 1, 2010 and is managed by BlackRock.

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