Pictet North America Advisors SA Buys 10,289 Shares of iShares MSCI Switzerland ETF $EWL

Pictet North America Advisors SA increased its stake in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 12.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 95,606 shares of the exchange traded fund’s stock after purchasing an additional 10,289 shares during the period. Pictet North America Advisors SA owned approximately 0.36% of iShares MSCI Switzerland ETF worth $5,733,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC boosted its holdings in iShares MSCI Switzerland ETF by 6.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,208,694 shares of the exchange traded fund’s stock worth $66,768,000 after buying an additional 69,999 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI Switzerland ETF by 142.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 725,576 shares of the exchange traded fund’s stock valued at $40,081,000 after acquiring an additional 425,970 shares during the last quarter. UBS Group AG raised its position in shares of iShares MSCI Switzerland ETF by 8.8% in the 3rd quarter. UBS Group AG now owns 388,317 shares of the exchange traded fund’s stock valued at $21,451,000 after acquiring an additional 31,465 shares during the period. Polianta Ltd raised its position in shares of iShares MSCI Switzerland ETF by 6.3% in the 3rd quarter. Polianta Ltd now owns 249,300 shares of the exchange traded fund’s stock valued at $13,771,000 after acquiring an additional 14,800 shares during the period. Finally, Royal Bank of Canada boosted its stake in iShares MSCI Switzerland ETF by 26.8% during the 1st quarter. Royal Bank of Canada now owns 185,839 shares of the exchange traded fund’s stock worth $9,624,000 after acquiring an additional 39,296 shares during the last quarter. Institutional investors and hedge funds own 68.30% of the company’s stock.

iShares MSCI Switzerland ETF Stock Performance

Shares of NYSEARCA EWL opened at $59.50 on Thursday. The stock has a market cap of $1.60 billion, a P/E ratio of 21.82 and a beta of 0.81. The firm has a 50 day moving average price of $61.36 and a 200 day moving average price of $58.93. iShares MSCI Switzerland ETF has a 52-week low of $46.22 and a 52-week high of $65.53.

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). The Index consists of stocks traded primarily on the Zurich Stock Exchange. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.