Tiemann Investment Advisors LLC Takes $206,000 Position in iShares MSCI Switzerland ETF $EWL

Tiemann Investment Advisors LLC purchased a new stake in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,975 shares of the exchange traded fund’s stock, valued at approximately $206,000.

A number of other institutional investors and hedge funds have also modified their holdings of EWL. AlphaCore Capital LLC purchased a new position in shares of iShares MSCI Switzerland ETF during the first quarter valued at $28,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of iShares MSCI Switzerland ETF during the first quarter valued at $47,000. Trifecta Capital Advisors LLC purchased a new position in shares of iShares MSCI Switzerland ETF during the first quarter valued at $69,000. Allworth Financial LP grew its stake in iShares MSCI Switzerland ETF by 71.4% in the first quarter. Allworth Financial LP now owns 1,472 shares of the exchange traded fund’s stock valued at $78,000 after purchasing an additional 613 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its stake in iShares MSCI Switzerland ETF by 17.8% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,669 shares of the exchange traded fund’s stock valued at $86,000 after purchasing an additional 252 shares in the last quarter. Hedge funds and other institutional investors own 68.30% of the company’s stock.

iShares MSCI Switzerland ETF Price Performance

Shares of NYSEARCA EWL opened at $55.52 on Thursday. The business’s 50-day moving average price is $54.29 and its two-hundred day moving average price is $53.14. iShares MSCI Switzerland ETF has a one year low of $45.56 and a one year high of $56.31. The company has a market capitalization of $1.35 billion, a P/E ratio of 21.82 and a beta of 0.73.

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).