AlTi Global Inc. Takes $441,000 Position in iShares MSCI France ETF $EWQ

AlTi Global Inc. bought a new stake in shares of iShares MSCI France ETF (NYSEARCA:EWQ) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 11,080 shares of the exchange traded fund’s stock, valued at approximately $441,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC raised its stake in iShares MSCI France ETF by 3.2% in the 1st quarter. Jane Street Group LLC now owns 1,121,581 shares of the exchange traded fund’s stock valued at $44,639,000 after purchasing an additional 34,899 shares during the last quarter. Comerica Bank increased its position in shares of iShares MSCI France ETF by 54.9% during the 1st quarter. Comerica Bank now owns 1,182 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 419 shares during the last quarter. Flow Traders U.S. LLC increased its position in shares of iShares MSCI France ETF by 30.6% during the 1st quarter. Flow Traders U.S. LLC now owns 1,432,960 shares of the exchange traded fund’s stock worth $57,032,000 after purchasing an additional 335,966 shares during the last quarter. Hsbc Holdings PLC increased its position in shares of iShares MSCI France ETF by 16.1% during the 1st quarter. Hsbc Holdings PLC now owns 18,194 shares of the exchange traded fund’s stock worth $724,000 after purchasing an additional 2,518 shares during the last quarter. Finally, Wellington Management Group LLP purchased a new position in iShares MSCI France ETF during the 1st quarter valued at about $814,000. 73.46% of the stock is owned by institutional investors and hedge funds.

iShares MSCI France ETF Price Performance

Shares of iShares MSCI France ETF stock opened at $42.54 on Thursday. The business has a 50-day moving average of $42.94 and a 200 day moving average of $41.64. iShares MSCI France ETF has a 12 month low of $35.22 and a 12 month high of $44.40. The stock has a market capitalization of $382.86 million, a price-to-earnings ratio of 17.82 and a beta of 1.03.

iShares MSCI France ETF Profile

iShares MSCI France ETF, formerly iShares MSCI France Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the French market, as measured by the MSCI France Index (the Index). The Index seeks to measure the performance of the French equity market.