Marotta Asset Management Has $639,000 Position in iShares MSCI Switzerland ETF $EWL

Marotta Asset Management reduced its stake in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 9.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,656 shares of the exchange traded fund’s stock after selling 1,254 shares during the quarter. Marotta Asset Management’s holdings in iShares MSCI Switzerland ETF were worth $639,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in EWL. Allspring Global Investments Holdings LLC boosted its holdings in shares of iShares MSCI Switzerland ETF by 16.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,165,695 shares of the exchange traded fund’s stock worth $60,371,000 after purchasing an additional 166,406 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of iShares MSCI Switzerland ETF by 59.4% during the fourth quarter. Ameriprise Financial Inc. now owns 325,480 shares of the exchange traded fund’s stock worth $14,958,000 after purchasing an additional 121,312 shares during the period. DRW Securities LLC boosted its holdings in shares of iShares MSCI Switzerland ETF by 258.3% during the first quarter. DRW Securities LLC now owns 68,770 shares of the exchange traded fund’s stock worth $3,562,000 after purchasing an additional 49,575 shares during the period. Royal Bank of Canada boosted its holdings in shares of iShares MSCI Switzerland ETF by 26.8% during the first quarter. Royal Bank of Canada now owns 185,839 shares of the exchange traded fund’s stock worth $9,624,000 after purchasing an additional 39,296 shares during the period. Finally, MONECO Advisors LLC acquired a new stake in iShares MSCI Switzerland ETF in the first quarter valued at approximately $1,615,000. 68.30% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Switzerland ETF Stock Down 0.8%

NYSEARCA EWL opened at $55.65 on Friday. The stock has a market capitalization of $1.35 billion, a PE ratio of 21.82 and a beta of 0.73. The company has a 50 day moving average price of $54.70 and a two-hundred day moving average price of $53.70. iShares MSCI Switzerland ETF has a 12-month low of $45.56 and a 12-month high of $56.45.

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).