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

Shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $53.08 and last traded at $53.03, with a volume of 454809 shares traded. The stock had previously closed at $52.30.

iShares MSCI Switzerland ETF Stock Up 0.8 %

The stock has a 50-day simple moving average of $48.85 and a 200 day simple moving average of $49.54. The company has a market cap of $1.18 billion, a PE ratio of 24.01 and a beta of 0.77.

Institutional Investors Weigh In On iShares MSCI Switzerland ETF

Institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE grew its stake in shares of iShares MSCI Switzerland ETF by 7.8% in the fourth quarter. Bank of America Corp DE now owns 1,765,536 shares of the exchange traded fund’s stock valued at $81,144,000 after buying an additional 127,062 shares in the last quarter. Vontobel Holding Ltd. grew its position in iShares MSCI Switzerland ETF by 2.7% in the 4th quarter. Vontobel Holding Ltd. now owns 660,593 shares of the exchange traded fund’s stock valued at $30,361,000 after acquiring an additional 17,483 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI Switzerland ETF during the third quarter worth about $25,958,000. LPL Financial LLC lifted its position in shares of iShares MSCI Switzerland ETF by 76.5% during the fourth quarter. LPL Financial LLC now owns 365,600 shares of the exchange traded fund’s stock worth $16,803,000 after purchasing an additional 158,407 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich grew its holdings in shares of iShares MSCI Switzerland ETF by 4.7% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 357,288 shares of the exchange traded fund’s stock valued at $18,121,000 after purchasing an additional 16,163 shares in the last quarter.

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).