iShares MSCI Switzerland ETF $EWL Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its position in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 142.2% in the 3rd quarter, Holdings Channel reports. The firm owned 725,576 shares of the exchange traded fund’s stock after purchasing an additional 425,970 shares during the period. JPMorgan Chase & Co.’s holdings in iShares MSCI Switzerland ETF were worth $40,081,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Edmond DE Rothschild Holding S.A. acquired a new stake in iShares MSCI Switzerland ETF during the 2nd quarter worth $38,000. Advisory Services Network LLC acquired a new stake in shares of iShares MSCI Switzerland ETF in the third quarter valued at about $44,000. MAI Capital Management raised its position in shares of iShares MSCI Switzerland ETF by 631.1% in the third quarter. MAI Capital Management now owns 965 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 833 shares during the last quarter. IFP Advisors Inc purchased a new position in shares of iShares MSCI Switzerland ETF in the third quarter worth about $60,000. Finally, Allworth Financial LP lifted its stake in shares of iShares MSCI Switzerland ETF by 13.8% in the third quarter. Allworth Financial LP now owns 1,510 shares of the exchange traded fund’s stock worth $83,000 after buying an additional 183 shares in the last quarter. Hedge funds and other institutional investors own 68.30% of the company’s stock.

iShares MSCI Switzerland ETF Trading Down 2.1%

EWL opened at $56.31 on Friday. iShares MSCI Switzerland ETF has a twelve month low of $46.22 and a twelve month high of $65.53. The firm has a market capitalization of $1.51 billion, a PE ratio of 21.82 and a beta of 0.81. The firm’s 50-day moving average price is $61.77 and its 200 day moving average price is $58.82.

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.