iShares MSCI Switzerland ETF $EWL Position Raised by Hsbc Holdings PLC

Hsbc Holdings PLC boosted its position in iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 42.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 45,367 shares of the exchange traded fund’s stock after purchasing an additional 13,451 shares during the period. Hsbc Holdings PLC owned approximately 0.18% of iShares MSCI Switzerland ETF worth $2,668,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. McHugh Group LLC bought a new stake in iShares MSCI Switzerland ETF in the fourth quarter worth about $552,000. GenTrust LLC boosted its position in shares of iShares MSCI Switzerland ETF by 6.4% during the 4th quarter. GenTrust LLC now owns 290,051 shares of the exchange traded fund’s stock valued at $17,391,000 after purchasing an additional 17,330 shares in the last quarter. Millburn Ridgefield LLC DE raised its holdings in shares of iShares MSCI Switzerland ETF by 8.0% in the 1st quarter. Millburn Ridgefield LLC DE now owns 541,025 shares of the exchange traded fund’s stock worth $31,818,000 after purchasing an additional 40,070 shares in the last quarter. 1607 Capital Partners LLC lifted its stake in iShares MSCI Switzerland ETF by 135.7% during the fourth quarter. 1607 Capital Partners LLC now owns 1,494,082 shares of the exchange traded fund’s stock valued at $89,585,000 after purchasing an additional 860,283 shares during the last quarter. Finally, Polianta Ltd bought a new stake in iShares MSCI Switzerland ETF during the first quarter worth approximately $15,214,000. 68.30% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Switzerland ETF Stock Performance

Shares of NYSEARCA:EWL opened at $62.09 on Friday. iShares MSCI Switzerland ETF has a one year low of $51.83 and a one year high of $65.53. The stock has a fifty day moving average of $62.37 and a 200-day moving average of $61.56. The company has a market capitalization of $2.13 billion, a PE ratio of 21.82 and a beta of 0.77.

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.