Bellecapital International Ltd. Decreases Holdings in iShares MSCI Switzerland ETF (NYSEARCA:EWL)

Bellecapital International Ltd. lowered its holdings in iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 29.6% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 3,855 shares of the exchange traded fund’s stock after selling 1,624 shares during the quarter. Bellecapital International Ltd.’s holdings in iShares MSCI Switzerland ETF were worth $201,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in EWL. Polianta Ltd acquired a new stake in iShares MSCI Switzerland ETF during the 3rd quarter worth $12,014,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of iShares MSCI Switzerland ETF by 9.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,125,564 shares of the exchange traded fund’s stock valued at $58,642,000 after purchasing an additional 96,409 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of iShares MSCI Switzerland ETF in the 1st quarter valued at about $3,975,000. Pictet North America Advisors SA grew its stake in iShares MSCI Switzerland ETF by 162.5% during the 2nd quarter. Pictet North America Advisors SA now owns 79,457 shares of the exchange traded fund’s stock worth $3,831,000 after buying an additional 49,188 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in iShares MSCI Switzerland ETF during the 2nd quarter worth approximately $1,504,000.

iShares MSCI Switzerland ETF Stock Performance

NYSEARCA EWL traded down $0.36 on Monday, reaching $51.15. The stock had a trading volume of 26,112 shares, compared to its average volume of 464,948. The stock has a market cap of $1.21 billion, a P/E ratio of 22.62 and a beta of 0.67. iShares MSCI Switzerland ETF has a 12-month low of $41.55 and a 12-month high of $53.03. The business’s 50-day moving average price is $51.45 and its 200 day moving average price is $49.36.

iShares MSCI Switzerland ETF 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).