Pictet North America Advisors SA Cuts Stock Position in iShares MSCI France ETF $EWQ

Pictet North America Advisors SA lessened its holdings in shares of iShares MSCI France ETF (NYSEARCA:EWQ) by 11.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 115,725 shares of the exchange traded fund’s stock after selling 14,614 shares during the quarter. Pictet North America Advisors SA owned about 1.35% of iShares MSCI France ETF worth $5,206,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in EWQ. Raymond James Financial Inc. purchased a new stake in iShares MSCI France ETF during the 2nd quarter worth approximately $30,000. BNP Paribas Financial Markets boosted its position in iShares MSCI France ETF by 106.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 949 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 489 shares during the period. Comerica Bank boosted its position in iShares MSCI France ETF by 54.9% in the 1st quarter. Comerica Bank now owns 1,182 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 419 shares during the period. USA Financial Formulas acquired a new position in shares of iShares MSCI France ETF in the fourth quarter worth $151,000. Finally, JPMorgan Chase & Co. grew its stake in shares of iShares MSCI France ETF by 94.4% in the second quarter. JPMorgan Chase & Co. now owns 9,587 shares of the exchange traded fund’s stock worth $410,000 after acquiring an additional 4,656 shares in the last quarter. Hedge funds and other institutional investors own 73.46% of the company’s stock.

iShares MSCI France ETF Trading Up 1.1%

iShares MSCI France ETF stock opened at $43.85 on Thursday. The firm has a market capitalization of $377.11 million, a P/E ratio of 17.82 and a beta of 0.98. iShares MSCI France ETF has a twelve month low of $35.24 and a twelve month high of $48.39. The stock’s fifty day simple moving average is $45.17 and its 200-day simple moving average is $44.77.

About iShares MSCI France ETF

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. The Index consists of stocks traded primarily on the Paris Stock Exchange. The Fund invests in sectors, such as industrials, financials, energy, consumer discretionary, consumer staples, healthcare, materials, telecommunication services, utilities and information technology.