iShares MSCI Switzerland ETF (NYSEARCA:EWL) Sets New 12-Month High – Here’s What Happened

iShares MSCI Switzerland ETF (NYSEARCA:EWL) hit a new 52-week high on Tuesday . The company traded as high as $59.08 and last traded at $59.06, with a volume of 489206 shares traded. The stock had previously closed at $58.37.

iShares MSCI Switzerland ETF Price Performance

The business has a 50-day moving average of $56.96 and a two-hundred day moving average of $55.57. The company has a market cap of $1.42 billion, a P/E ratio of 21.82 and a beta of 0.81.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of EWL. Allworth Financial LP grew its holdings in iShares MSCI Switzerland ETF by 13.8% in the third quarter. Allworth Financial LP now owns 1,510 shares of the exchange traded fund’s stock worth $83,000 after purchasing an additional 183 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of iShares MSCI Switzerland ETF by 2.0% during the third quarter. Raymond James Financial Inc. now owns 11,424 shares of the exchange traded fund’s stock worth $631,000 after purchasing an additional 227 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in iShares MSCI Switzerland ETF by 4.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,695 shares of the exchange traded fund’s stock worth $422,000 after buying an additional 341 shares during the period. Boltwood Capital Management raised its position in iShares MSCI Switzerland ETF by 6.3% during the 2nd quarter. Boltwood Capital Management now owns 5,875 shares of the exchange traded fund’s stock worth $322,000 after buying an additional 350 shares during the last quarter. Finally, Retirement Planning Group LLC lifted its stake in iShares MSCI Switzerland ETF by 8.3% during the 3rd quarter. Retirement Planning Group LLC now owns 5,296 shares of the exchange traded fund’s stock valued at $293,000 after acquiring an additional 404 shares during the period. Hedge funds and other institutional investors own 68.30% of the company’s stock.

iShares MSCI Switzerland ETF Company Profile

iShares MSCI Switzerland Capped ETF (the Fund), formerly iShares MSCI Switzerland Capped Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Switzerland 25/50 Index (the Index).