iShares MSCI Switzerland ETF (NYSEARCA:EWL) Reaches New 12-Month High – Here’s What Happened

iShares MSCI Switzerland ETF (NYSEARCA:EWL)’s share price reached a new 52-week high on Friday . The company traded as high as $56.56 and last traded at $56.67, with a volume of 283805 shares trading hands. The stock had previously closed at $56.25.

iShares MSCI Switzerland ETF Price Performance

The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 21.82 and a beta of 0.73. The stock has a 50 day simple moving average of $54.82 and a two-hundred day simple moving average of $53.99.

Institutional Trading of iShares MSCI Switzerland ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. AlphaCore Capital LLC acquired a new stake in iShares MSCI Switzerland ETF in the first quarter valued at $28,000. Edmond DE Rothschild Holding S.A. acquired a new stake in iShares MSCI Switzerland ETF in the second quarter valued at $38,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of iShares MSCI Switzerland ETF during the first quarter worth about $47,000. Parallel Advisors LLC purchased a new position in shares of iShares MSCI Switzerland ETF during the second quarter worth about $56,000. Finally, Trifecta Capital Advisors LLC purchased a new position in shares of iShares MSCI Switzerland ETF during the first quarter worth about $69,000. 68.30% of the stock is currently owned by institutional investors and hedge funds.

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).