iShares MSCI Switzerland ETF (NYSEARCA:EWL) Sees Strong Trading Volume – Time to Buy?

Shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) saw unusually-high trading volume on Wednesday . Approximately 560,210 shares changed hands during 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 Price Performance

The company has a market cap of $1.11 billion, a PE ratio of 22.62 and a beta of 0.67. The business has a 50 day moving average of $47.48 and a 200 day moving average of $49.47.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Boltwood Capital Management raised its position in shares of iShares MSCI Switzerland ETF by 35.2% in the 4th quarter. Boltwood Capital Management now owns 5,575 shares of the exchange traded fund’s stock worth $256,000 after purchasing an additional 1,450 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of iShares MSCI Switzerland ETF during the third quarter valued at approximately $122,000. Sanctuary Advisors LLC increased its position in shares of iShares MSCI Switzerland ETF by 10.5% during the third quarter. Sanctuary Advisors LLC now owns 36,186 shares of the exchange traded fund’s stock valued at $1,885,000 after acquiring an additional 3,448 shares in the last quarter. Brophy Wealth Management LLC bought a new position in iShares MSCI Switzerland ETF in the 3rd quarter valued at approximately $308,000. Finally, National Bank of Canada FI boosted its stake in iShares MSCI Switzerland ETF by 6.8% during the 3rd quarter. National Bank of Canada FI now owns 11,886 shares of the exchange traded fund’s stock valued at $619,000 after purchasing an additional 760 shares during 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).