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

iShares MSCI Switzerland ETF (NYSEARCA:EWL) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $64.92 and last traded at $64.9290, with a volume of 49301 shares traded. The stock had previously closed at $64.31.

iShares MSCI Switzerland ETF Stock Up 0.7%

The business’s fifty day moving average is $61.40 and its 200-day moving average is $58.00. The stock has a market capitalization of $1.74 billion, a PE ratio of 21.82 and a beta of 0.81.

Institutional Investors Weigh In On iShares MSCI Switzerland ETF

Several large investors have recently made changes to their positions in the business. O Shaughnessy Asset Management LLC lifted its position in shares of iShares MSCI Switzerland ETF by 6.5% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,737 shares of the exchange traded fund’s stock valued at $164,000 after acquiring an additional 168 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in iShares MSCI Switzerland ETF by 2.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,700 shares of the exchange traded fund’s stock worth $406,000 after buying an additional 173 shares during the last quarter. Allworth Financial LP increased its stake in shares of iShares MSCI Switzerland ETF by 13.8% during the 3rd 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. Lunt Capital Management Inc. increased its holdings in shares of iShares MSCI Switzerland ETF by 4.6% during the 4th quarter. Lunt Capital Management Inc. now owns 4,189 shares of the exchange traded fund’s stock valued at $251,000 after acquiring an additional 185 shares during the last quarter. Finally, J. Safra Sarasin Holding AG boosted its holdings in shares of iShares MSCI Switzerland ETF by 4.2% during the 4th quarter. J. Safra Sarasin Holding AG now owns 4,705 shares of the exchange traded fund’s stock worth $283,000 after buying an additional 190 shares during the period. Institutional investors and hedge funds own 68.30% of the company’s stock.

About iShares MSCI Switzerland ETF

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). The Index consists of stocks traded primarily on the Zurich Stock Exchange. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.