iShares MSCI Switzerland ETF $EWL Holdings Boosted by Hsbc Holdings PLC

Hsbc Holdings PLC raised its position in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 42.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,367 shares of the exchange traded fund’s stock after purchasing an additional 13,451 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares MSCI Switzerland ETF were worth $2,668,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. McHugh Group LLC acquired a new stake in shares of iShares MSCI Switzerland ETF in the fourth quarter worth $552,000. GenTrust LLC grew its stake in iShares MSCI Switzerland ETF by 6.4% during the 4th quarter. GenTrust LLC now owns 290,051 shares of the exchange traded fund’s stock valued at $17,391,000 after acquiring an additional 17,330 shares in the last quarter. Millburn Ridgefield LLC DE grew its stake in iShares MSCI Switzerland ETF by 8.0% during the 1st quarter. Millburn Ridgefield LLC DE now owns 541,025 shares of the exchange traded fund’s stock valued at $31,818,000 after acquiring an additional 40,070 shares in the last quarter. 1607 Capital Partners LLC increased its holdings in shares of iShares MSCI Switzerland ETF by 135.7% in the 4th quarter. 1607 Capital Partners LLC now owns 1,494,082 shares of the exchange traded fund’s stock valued at $89,585,000 after purchasing an additional 860,283 shares during the period. Finally, Polianta Ltd acquired a new position in shares of iShares MSCI Switzerland ETF in the 1st quarter valued at about $15,214,000. Hedge funds and other institutional investors own 68.30% of the company’s stock.

iShares MSCI Switzerland ETF Price Performance

NYSEARCA EWL opened at $62.09 on Friday. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 21.82 and a beta of 0.77. The company has a 50 day simple moving average of $62.37 and a 200-day simple moving average of $61.56. iShares MSCI Switzerland ETF has a 52-week low of $51.83 and a 52-week high of $65.53.

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). 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.