Royal Bank of Canada Sells 199,601 Shares of iShares MSCI Switzerland ETF $EWL

Royal Bank of Canada decreased its position in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 77.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,768 shares of the exchange traded fund’s stock after selling 199,601 shares during the quarter. Royal Bank of Canada owned 0.22% of iShares MSCI Switzerland ETF worth $3,338,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. O Shaughnessy Asset Management LLC grew its stake in iShares MSCI Switzerland ETF by 6.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 2,737 shares of the exchange traded fund’s stock worth $164,000 after buying an additional 168 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of iShares MSCI Switzerland ETF by 2.0% in the 3rd quarter. Raymond James Financial Inc. now owns 11,424 shares of the exchange traded fund’s stock valued at $631,000 after buying an additional 227 shares in the last quarter. Cetera Investment Advisers raised its position in shares of iShares MSCI Switzerland ETF by 1.7% in the 1st quarter. Cetera Investment Advisers now owns 13,719 shares of the exchange traded fund’s stock valued at $807,000 after buying an additional 228 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in shares of iShares MSCI Switzerland ETF by 1.3% during the 1st quarter. Quantinno Capital Management LP now owns 18,553 shares of the exchange traded fund’s stock worth $1,091,000 after acquiring an additional 237 shares during the period. Finally, Comerica Bank lifted its holdings in shares of iShares MSCI Switzerland ETF by 9.0% during the 4th quarter. Comerica Bank now owns 3,380 shares of the exchange traded fund’s stock worth $203,000 after acquiring an additional 279 shares during the period. Institutional investors own 68.30% of the company’s stock.

iShares MSCI Switzerland ETF Trading Down 0.7%

NYSEARCA EWL opened at $63.27 on Friday. The firm has a market capitalization of $2.19 billion, a price-to-earnings ratio of 21.82 and a beta of 0.77. The firm’s 50 day simple moving average is $62.78 and its 200 day simple moving average is $61.88. iShares MSCI Switzerland ETF has a 1 year low of $53.70 and a 1 year 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.