iShares MSCI France ETF (NYSEARCA:EWQ) Sees Unusually-High Trading Volume

iShares MSCI France ETF (NYSEARCA:EWQ) shares saw unusually-strong trading volume on Tuesday . Approximately 897,455 shares were traded during mid-day trading, an increase of 67% from the previous session’s volume of 536,147 shares.The stock last traded at $39.38 and had previously closed at $39.59.

iShares MSCI France ETF Trading Down 0.2 %

The firm’s 50-day moving average price is $40.39 and its 200 day moving average price is $38.27. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 12.58 and a beta of 1.03.

Hedge Funds Weigh In On iShares MSCI France ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC increased its position in iShares MSCI France ETF by 86.8% during the 1st quarter. Jane Street Group LLC now owns 4,307,202 shares of the exchange traded fund’s stock worth $162,812,000 after purchasing an additional 2,001,114 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares MSCI France ETF by 154,116.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,509,095 shares of the exchange traded fund’s stock worth $89,299,000 after acquiring an additional 2,507,468 shares during the last quarter. BlackRock Inc. grew its holdings in iShares MSCI France ETF by 5,098.9% during the 1st quarter. BlackRock Inc. now owns 1,868,322 shares of the exchange traded fund’s stock worth $66,007,000 after acquiring an additional 1,832,385 shares during the last quarter. Morgan Stanley grew its holdings in iShares MSCI France ETF by 10.7% during the 4th quarter. Morgan Stanley now owns 1,299,397 shares of the exchange traded fund’s stock worth $43,036,000 after acquiring an additional 125,614 shares during the last quarter. Finally, CX Institutional grew its holdings in iShares MSCI France ETF by 11.9% during the 3rd quarter. CX Institutional now owns 402,559 shares of the exchange traded fund’s stock worth $14,327,000 after acquiring an additional 42,670 shares during the last quarter.

About iShares MSCI France ETF

iShares MSCI France ETF, formerly iShares MSCI France Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the French market, as measured by the MSCI France Index (the Index). The Index seeks to measure the performance of the French equity market.