Richardson Financial Services Inc. Acquires Shares of 12,218 iShares MSCI Switzerland ETF (NYSEARCA:EWL)

Richardson Financial Services Inc. acquired a new stake in iShares MSCI Switzerland ETF (NYSEARCA:EWL) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 12,218 shares of the exchange traded fund’s stock, valued at approximately $590,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EWL. HighTower Advisors LLC raised its stake in shares of iShares MSCI Switzerland ETF by 0.5% in the 3rd quarter. HighTower Advisors LLC now owns 142,998 shares of the exchange traded fund’s stock valued at $6,217,000 after purchasing an additional 674 shares in the last quarter. PGIM Custom Harvest LLC raised its stake in shares of iShares MSCI Switzerland ETF by 36.9% in the 3rd quarter. PGIM Custom Harvest LLC now owns 93,150 shares of the exchange traded fund’s stock valued at $4,059,000 after purchasing an additional 25,098 shares in the last quarter. Modera Wealth Management LLC acquired a new stake in shares of iShares MSCI Switzerland ETF in the 3rd quarter valued at about $7,113,000. Contravisory Investment Management Inc. raised its stake in shares of iShares MSCI Switzerland ETF by 7.6% in the 4th quarter. Contravisory Investment Management Inc. now owns 15,735 shares of the exchange traded fund’s stock valued at $760,000 after purchasing an additional 1,112 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA raised its stake in shares of iShares MSCI Switzerland ETF by 28.7% in the 4th quarter. Compagnie Lombard Odier SCmA now owns 18,990 shares of the exchange traded fund’s stock valued at $917,000 after purchasing an additional 4,230 shares in the last quarter.

iShares MSCI Switzerland ETF Stock Performance

Shares of iShares MSCI Switzerland ETF stock traded down $0.18 during trading on Friday, reaching $48.77. The company had a trading volume of 305,911 shares, compared to its average volume of 571,063. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 22.62 and a beta of 0.67. The firm’s fifty day moving average is $47.51 and its 200-day moving average is $47.31. iShares MSCI Switzerland ETF has a fifty-two week low of $41.55 and a fifty-two week high of $50.63.

About iShares MSCI Switzerland ETF

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).