Global X MSCI Norway ETF (NYSEARCA:NORW) Stock Price Up 0.8% – Should You Buy?

Global X MSCI Norway ETF ( NYSEARCA:NORW – Get Free Report ) was up 0.8% on Friday . The stock traded as high as $23.

99 and last traded at $23.97. Approximately 2,734 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 6,517 shares.



The stock had previously closed at $23.77. Global X MSCI Norway ETF Stock Performance The stock has a market capitalization of $48.

18 million, a P/E ratio of 7.12 and a beta of 0.78.

The stock has a 50-day moving average price of $24.73 and a two-hundred day moving average price of $25.31.

Institutional Investors Weigh In On Global X MSCI Norway ETF Several institutional investors and hedge funds have recently modified their holdings of the stock. Activest Wealth Management purchased a new position in shares of Global X MSCI Norway ETF in the 3rd quarter valued at approximately $2,344,000. Arlington Capital Management Inc.

raised its holdings in Global X MSCI Norway ETF by 2.1% in the third quarter. Arlington Capital Management Inc.

now owns 36,882 shares of the company’s stock worth $951,000 after buying an additional 767 shares during the last quarter. Finally, EP Wealth Advisors LLC purchased a new position in Global X MSCI Norway ETF in the 3rd quarter worth approximately $357,000. About Global X MSCI Norway ETF The Global X MSCI Norway ETF (NORW) is an exchange-traded fund that is based on the MSCI Norway IMI 25u002F50 index, a market-cap-weighted index of Norwegian stocks.

NORW was launched on Nov 9, 2010 and is managed by Global X. Featured Articles Receive News & Ratings for Global X MSCI Norway ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X MSCI Norway ETF and related companies with MarketBeat.com's FREE daily email newsletter .

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