McHugh Group LLC Buys New Stake in iShares MSCI Switzerland ETF $EWL

McHugh Group LLC bought a new stake in iShares MSCI Switzerland ETF (NYSEARCA:EWL) during the 4th quarter, HoldingsChannel reports. The fund bought 9,200 shares of the exchange traded fund’s stock, valued at approximately $552,000.

Several other large investors have also recently added to or reduced their stakes in EWL. JPMorgan Chase & Co. increased its position in iShares MSCI Switzerland ETF by 142.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 725,576 shares of the exchange traded fund’s stock valued at $40,081,000 after acquiring an additional 425,970 shares during the period. Citadel Advisors LLC increased its position in iShares MSCI Switzerland ETF by 1,815.2% in the 3rd quarter. Citadel Advisors LLC now owns 147,295 shares of the exchange traded fund’s stock valued at $8,137,000 after acquiring an additional 139,604 shares during the period. Lido Advisors LLC increased its position in iShares MSCI Switzerland ETF by 155.2% in the 3rd quarter. Lido Advisors LLC now owns 112,169 shares of the exchange traded fund’s stock valued at $6,196,000 after acquiring an additional 68,212 shares during the period. Managed Asset Portfolios LLC acquired a new stake in iShares MSCI Switzerland ETF in the 4th quarter valued at approximately $3,376,000. Finally, BFI Infinity Ltd. increased its position in iShares MSCI Switzerland ETF by 200.9% in the 4th quarter. BFI Infinity Ltd. now owns 25,563 shares of the exchange traded fund’s stock valued at $1,533,000 after acquiring an additional 50,887 shares during the period. 68.30% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Switzerland ETF Price Performance

EWL opened at $61.28 on Monday. iShares MSCI Switzerland ETF has a 12 month low of $51.83 and a 12 month high of $65.53. The stock has a market cap of $1.57 billion, a P/E ratio of 21.82 and a beta of 0.81. The stock’s 50 day moving average price is $60.57 and its 200 day moving average price is $59.72.

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). 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.