JPMorgan Chase & Co. Purchases 425,970 Shares of iShares MSCI Switzerland ETF $EWL

JPMorgan Chase & Co. boosted its position in iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 142.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 725,576 shares of the exchange traded fund’s stock after acquiring an additional 425,970 shares during the period. JPMorgan Chase & Co. owned 3.01% of iShares MSCI Switzerland ETF worth $40,081,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of EWL. ABC Arbitrage SA bought a new position in shares of iShares MSCI Switzerland ETF during the second quarter valued at approximately $635,000. Apollon Wealth Management LLC purchased a new position in shares of iShares MSCI Switzerland ETF during the third quarter valued at about $521,000. Bank Julius Baer & Co. Ltd Zurich raised its stake in iShares MSCI Switzerland ETF by 6.7% in the second quarter. Bank Julius Baer & Co. Ltd Zurich now owns 168,171 shares of the exchange traded fund’s stock worth $9,217,000 after buying an additional 10,628 shares in the last quarter. Creative Planning boosted its position in iShares MSCI Switzerland ETF by 6.9% during the 2nd quarter. Creative Planning now owns 45,624 shares of the exchange traded fund’s stock valued at $2,501,000 after acquiring an additional 2,953 shares in the last quarter. Finally, Pictet North America Advisors SA raised its position in shares of iShares MSCI Switzerland ETF by 103.2% in the 3rd quarter. Pictet North America Advisors SA now owns 85,317 shares of the exchange traded fund’s stock worth $4,713,000 after acquiring an additional 43,331 shares in the last quarter. 68.30% of the stock is owned by institutional investors.

iShares MSCI Switzerland ETF Stock Down 0.3%

NYSEARCA EWL opened at $64.63 on Friday. The firm has a market capitalization of $1.74 billion, a PE ratio of 21.82 and a beta of 0.81. The stock’s 50 day moving average is $61.74 and its 200 day moving average is $58.17. iShares MSCI Switzerland ETF has a twelve month low of $46.22 and a twelve month high of $65.02.

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.