Fisher Asset Management LLC Sells 53,312 Shares of iShares MSCI Switzerland ETF $EWL

Fisher Asset Management LLC lowered its position in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 4.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,166,777 shares of the exchange traded fund’s stock after selling 53,312 shares during the quarter. Fisher Asset Management LLC owned 4.34% of iShares MSCI Switzerland ETF worth $69,960,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Banque Cantonale Vaudoise increased its stake in iShares MSCI Switzerland ETF by 20.0% in the 4th quarter. Banque Cantonale Vaudoise now owns 10,058 shares of the exchange traded fund’s stock worth $603,000 after buying an additional 1,678 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of iShares MSCI Switzerland ETF by 4.3% in the fourth quarter. HighTower Advisors LLC now owns 138,777 shares of the exchange traded fund’s stock valued at $8,321,000 after acquiring an additional 5,708 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich boosted its stake in shares of iShares MSCI Switzerland ETF by 7.7% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 237,599 shares of the exchange traded fund’s stock worth $14,246,000 after acquiring an additional 16,939 shares during the period. Idaho Trust Co grew its position in shares of iShares MSCI Switzerland ETF by 16.1% during the fourth quarter. Idaho Trust Co now owns 30,317 shares of the exchange traded fund’s stock worth $1,817,000 after purchasing an additional 4,212 shares in the last quarter. Finally, swisspartners Advisors Ltd grew its position in shares of iShares MSCI Switzerland ETF by 154.0% during the fourth quarter. swisspartners Advisors Ltd now owns 12,370 shares of the exchange traded fund’s stock worth $741,000 after purchasing an additional 7,500 shares in the last quarter. 68.30% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Switzerland ETF Stock Performance

Shares of EWL opened at $62.64 on Tuesday. The business’s 50 day moving average is $60.34 and its 200 day moving average is $60.28. iShares MSCI Switzerland ETF has a 12-month low of $51.83 and a 12-month high of $65.53. The company has a market capitalization of $1.60 billion, a PE ratio of 21.82 and a beta of 0.78.

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.