Boltwood Capital Management Acquires New Stake in iShares MSCI Switzerland ETF $EWL

Boltwood Capital Management acquired a new position in iShares MSCI Switzerland ETF (NYSEARCA:EWL) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,200 shares of the exchange traded fund’s stock, valued at approximately $544,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in iShares MSCI Switzerland ETF by 3.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 58,884 shares of the exchange traded fund’s stock valued at $3,701,000 after purchasing an additional 1,844 shares during the last quarter. RFG Advisory LLC grew its position in iShares MSCI Switzerland ETF by 5.0% in the 2nd quarter. RFG Advisory LLC now owns 8,536 shares of the exchange traded fund’s stock worth $537,000 after purchasing an additional 407 shares during the last quarter. NewEdge Advisors LLC grew its position in iShares MSCI Switzerland ETF by 1.6% in the 2nd quarter. NewEdge Advisors LLC now owns 15,849 shares of the exchange traded fund’s stock worth $996,000 after purchasing an additional 247 shares during the last quarter. Waverly Advisors LLC increased its holdings in shares of iShares MSCI Switzerland ETF by 2.1% during the 2nd quarter. Waverly Advisors LLC now owns 230,558 shares of the exchange traded fund’s stock worth $14,491,000 after purchasing an additional 4,852 shares during the period. Finally, Ameliora Wealth Management Ltd. increased its holdings in shares of iShares MSCI Switzerland ETF by 186.1% during the 2nd quarter. Ameliora Wealth Management Ltd. now owns 84,395 shares of the exchange traded fund’s stock worth $5,304,000 after purchasing an additional 54,894 shares during the period. Institutional investors own 68.30% of the company’s stock.

iShares MSCI Switzerland ETF Stock Performance

Shares of EWL traded up $0.41 during trading hours on Friday, reaching $59.23. 1,150,416 shares of the company traded hands, compared to its average volume of 602,166. The stock’s fifty day moving average is $62.37 and its 200 day moving average is $61.68. The stock has a market cap of $2.67 billion, a P/E ratio of 21.82 and a beta of 0.77. iShares MSCI Switzerland ETF has a 1-year low of $54.81 and a 1-year high of $65.53.

iShares MSCI Switzerland ETF 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). 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.