Hsbc Holdings PLC Boosts Stake in iShares MSCI Switzerland ETF $EWL

Hsbc Holdings PLC grew its holdings in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 59.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,916 shares of the exchange traded fund’s stock after acquiring an additional 11,949 shares during the period. Hsbc Holdings PLC owned about 0.12% of iShares MSCI Switzerland ETF worth $1,914,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bayban acquired a new position in shares of iShares MSCI Switzerland ETF in the fourth quarter worth about $35,000. Advisory Services Network LLC purchased a new stake in iShares MSCI Switzerland ETF during the 3rd quarter worth approximately $44,000. Harbour Investments Inc. raised its position in shares of iShares MSCI Switzerland ETF by 359.2% in the 4th quarter. Harbour Investments Inc. now owns 822 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 643 shares in the last quarter. Capital Investment Advisory Services LLC acquired a new position in shares of iShares MSCI Switzerland ETF in the 4th quarter valued at approximately $54,000. Finally, IFP Advisors Inc purchased a new position in shares of iShares MSCI Switzerland ETF during the 3rd quarter valued at approximately $60,000. 68.30% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Switzerland ETF Stock Performance

Shares of EWL stock traded down $0.04 during mid-day trading on Friday, reaching $62.93. 152,796 shares of the company were exchanged, compared to its average volume of 645,475. iShares MSCI Switzerland ETF has a fifty-two week low of $51.83 and a fifty-two week high of $65.53. The company has a market capitalization of $2.01 billion, a P/E ratio of 21.82 and a beta of 0.77. The business’s 50 day simple moving average is $62.17 and its 200 day simple moving average is $61.40.

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.