Vontobel Holding Ltd. Acquires 637,391 Shares of iShares MSCI Switzerland ETF $EWL

Vontobel Holding Ltd. acquired a new stake in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 637,391 shares of the exchange traded fund’s stock, valued at approximately $37,702,000. Vontobel Holding Ltd. owned about 1.37% of iShares MSCI Switzerland ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EWL. Bayban purchased a new position in iShares MSCI Switzerland ETF in the 4th quarter valued at about $35,000. Howe & Rusling Inc. acquired a new position in shares of iShares MSCI Switzerland ETF in the first quarter valued at approximately $39,000. International Assets Investment Management LLC raised its position in shares of iShares MSCI Switzerland ETF by 793.7% in the first quarter. International Assets Investment Management LLC now owns 1,126 shares of the exchange traded fund’s stock valued at $67,000 after buying an additional 1,000 shares during the last quarter. MassMutual Private Wealth & Trust FSB purchased a new position in shares of iShares MSCI Switzerland ETF during the third quarter valued at approximately $67,000. Finally, Parallel Advisors LLC lifted its stake in shares of iShares MSCI Switzerland ETF by 52.0% during the first quarter. Parallel Advisors LLC now owns 1,480 shares of the exchange traded fund’s stock valued at $87,000 after buying an additional 506 shares during the period. Hedge funds and other institutional investors own 68.30% of the company’s stock.

iShares MSCI Switzerland ETF Stock Performance

NYSEARCA EWL traded up $0.25 during mid-day trading on Friday, reaching $62.25. 328,162 shares of the stock were exchanged, compared to its average volume of 602,220. iShares MSCI Switzerland ETF has a 1-year low of $54.81 and a 1-year high of $65.53. The business’s fifty day simple moving average is $61.64 and its 200 day simple moving average is $61.83. The stock has a market capitalization of $2.89 billion, a PE ratio of 21.82 and a beta of 0.75.

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.