iShares MSCI Switzerland ETF (NYSEARCA:EWL) Sees Strong Trading Volume – What’s Next?

iShares MSCI Switzerland ETF (NYSEARCA:EWL) saw an uptick in trading volume on Wednesday . 560,210 shares changed hands during mid-day trading, an increase of 30% from the previous session’s volume of 431,869 shares.The stock last traded at $46.87 and had previously closed at $46.87.

iShares MSCI Switzerland ETF Stock Performance

The firm’s 50-day moving average price is $47.31 and its two-hundred day moving average price is $49.42. The firm has a market cap of $1.10 billion, a PE ratio of 22.62 and a beta of 0.67.

Institutional Trading of iShares MSCI Switzerland ETF

A number of hedge funds have recently added to or reduced their stakes in EWL. Rhumbline Advisers increased its stake in shares of iShares MSCI Switzerland ETF by 17.7% during the second quarter. Rhumbline Advisers now owns 7,430 shares of the exchange traded fund’s stock worth $358,000 after acquiring an additional 1,120 shares during the period. Idaho Trust Bank acquired a new position in iShares MSCI Switzerland ETF during the second quarter worth about $1,513,000. Hsbc Holdings PLC increased its stake in iShares MSCI Switzerland ETF by 60.4% in the 2nd quarter. Hsbc Holdings PLC now owns 38,239 shares of the exchange traded fund’s stock valued at $1,844,000 after purchasing an additional 14,399 shares in the last quarter. DRW Securities LLC acquired a new position in shares of iShares MSCI Switzerland ETF during the 2nd quarter worth $989,000. Finally, Creative Planning lifted its holdings in shares of iShares MSCI Switzerland ETF by 3.3% in the second quarter. Creative Planning now owns 39,499 shares of the exchange traded fund’s stock valued at $1,904,000 after purchasing an additional 1,279 shares in the last quarter.

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).