Envestnet Asset Management Inc. Increases Stock Holdings in iShares MSCI Switzerland ETF $EWL

Envestnet Asset Management Inc. lifted its stake in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 76.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,228 shares of the exchange traded fund’s stock after purchasing an additional 34,676 shares during the quarter. Envestnet Asset Management Inc.’s holdings in iShares MSCI Switzerland ETF were worth $4,397,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Tiemann Investment Advisors LLC acquired a new position in iShares MSCI Switzerland ETF in the 1st quarter valued at $206,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares MSCI Switzerland ETF by 4.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 7,695 shares of the exchange traded fund’s stock valued at $422,000 after acquiring an additional 341 shares in the last quarter. Vontobel Holding Ltd. increased its stake in shares of iShares MSCI Switzerland ETF by 8.3% during the second quarter. Vontobel Holding Ltd. now owns 705,831 shares of the exchange traded fund’s stock worth $38,687,000 after acquiring an additional 54,364 shares during the period. Polianta Ltd acquired a new position in shares of iShares MSCI Switzerland ETF during the second quarter worth about $12,852,000. Finally, MONECO Advisors LLC purchased a new position in iShares MSCI Switzerland ETF during the first quarter worth about $1,615,000. 68.30% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Switzerland ETF Trading Down 0.4%

Shares of EWL opened at $57.85 on Friday. The stock’s 50 day moving average is $56.08 and its two-hundred day moving average is $55.05. iShares MSCI Switzerland ETF has a twelve month low of $45.56 and a twelve month high of $58.35. The firm has a market capitalization of $1.40 billion, a PE ratio of 21.82 and a beta of 0.81.

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).