Lido Advisors LLC Buys 298,814 Shares of iShares MSCI France ETF $EWQ

Lido Advisors LLC lifted its stake in iShares MSCI France ETF (NYSEARCA:EWQ) by 168.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 476,275 shares of the exchange traded fund’s stock after acquiring an additional 298,814 shares during the period. Lido Advisors LLC’s holdings in iShares MSCI France ETF were worth $20,661,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Meeder Asset Management Inc. bought a new stake in iShares MSCI France ETF during the first quarter valued at about $296,000. Catalyst Capital Advisors LLC raised its holdings in iShares MSCI France ETF by 0.8% in the first quarter. Catalyst Capital Advisors LLC now owns 180,371 shares of the exchange traded fund’s stock worth $7,824,000 after purchasing an additional 1,419 shares in the last quarter. Fifth Third Bancorp bought a new position in iShares MSCI France ETF in the first quarter worth about $48,000. Hsbc Holdings PLC lifted its position in shares of iShares MSCI France ETF by 4.2% during the first quarter. Hsbc Holdings PLC now owns 30,772 shares of the exchange traded fund’s stock valued at $1,335,000 after buying an additional 1,237 shares during the last quarter. Finally, Cobblestone Asset Management LLC lifted its position in shares of iShares MSCI France ETF by 6.6% during the first quarter. Cobblestone Asset Management LLC now owns 16,012 shares of the exchange traded fund’s stock valued at $695,000 after buying an additional 986 shares during the last quarter. 73.46% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI France ETF Stock Performance

NYSEARCA:EWQ opened at $44.69 on Friday. iShares MSCI France ETF has a fifty-two week low of $41.08 and a fifty-two week high of $48.39. The stock has a market capitalization of $321.77 million, a P/E ratio of 17.82 and a beta of 0.84. The company’s 50-day simple moving average is $45.42 and its 200-day simple moving average is $45.33.

iShares MSCI France ETF Company Profile

iShares MSCI France ETF, formerly iShares MSCI France Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the French market, as measured by the MSCI France Index (the Index). The Index seeks to measure the performance of the French equity market. The Index consists of stocks traded primarily on the Paris Stock Exchange. The Fund invests in sectors, such as industrials, financials, energy, consumer discretionary, consumer staples, healthcare, materials, telecommunication services, utilities and information technology.