iShares MSCI New Zealand ETF (NASDAQ:ENZL) Shares Sold by Marotta Asset Management

Marotta Asset Management lowered its position in shares of iShares MSCI New Zealand ETF (NASDAQ:ENZL) by 5.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 166,885 shares of the company’s stock after selling 9,405 shares during the quarter. iShares MSCI New Zealand ETF comprises about 1.6% of Marotta Asset Management’s portfolio, making the stock its 20th largest holding. Marotta Asset Management owned approximately 0.10% of iShares MSCI New Zealand ETF worth $7,577,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Syntrinsic LLC acquired a new stake in shares of iShares MSCI New Zealand ETF in the second quarter worth $48,000. Blue Trust Inc. boosted its holdings in iShares MSCI New Zealand ETF by 26.7% in the third quarter. Blue Trust Inc. now owns 1,408 shares of the company’s stock valued at $64,000 after purchasing an additional 297 shares during the last quarter. L.M. Kohn & Company acquired a new stake in iShares MSCI New Zealand ETF during the 3rd quarter worth about $271,000. Sunbelt Securities Inc. purchased a new position in shares of iShares MSCI New Zealand ETF during the 3rd quarter valued at about $461,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of iShares MSCI New Zealand ETF in the 3rd quarter valued at about $400,000.

iShares MSCI New Zealand ETF Stock Down 1.8 %

Shares of ENZL traded down $0.80 during mid-day trading on Friday, reaching $44.23. The company had a trading volume of 4,976 shares, compared to its average volume of 6,020. The stock has a 50 day moving average of $46.68 and a two-hundred day moving average of $47.36. The stock has a market capitalization of $75.19 million, a P/E ratio of 17.63 and a beta of 0.86. iShares MSCI New Zealand ETF has a 52-week low of $43.86 and a 52-week high of $50.41.

iShares MSCI New Zealand ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $0.6152 dividend. The ex-dividend date was Tuesday, December 17th.

About iShares MSCI New Zealand ETF

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.