iShares MSCI Switzerland ETF (NYSEARCA:EWL) Sees Unusually-High Trading Volume – What’s Next?

iShares MSCI Switzerland ETF (NYSEARCA:EWL) shares saw an uptick in trading volume on Wednesday . 560,210 shares were traded during trading, an increase of 30% from the previous session’s volume of 431,869 shares.The stock last traded at $46.87 and had previously closed at $46.87.

iShares MSCI Switzerland ETF Stock Performance

The firm has a market capitalization of $1.10 billion, a PE ratio of 22.62 and a beta of 0.67. The company’s fifty day moving average price is $47.31 and its two-hundred day moving average price is $49.42.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Venturi Wealth Management LLC lifted its stake in shares of iShares MSCI Switzerland ETF by 104.4% in the third quarter. Venturi Wealth Management LLC now owns 654 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 334 shares in the last quarter. WestEnd Advisors LLC lifted its holdings in iShares MSCI Switzerland ETF by 22.5% in the third quarter. WestEnd Advisors LLC now owns 1,403 shares of the exchange traded fund’s stock worth $73,000 after acquiring an additional 258 shares during the last quarter. Friedenthal Financial acquired a new position in iShares MSCI Switzerland ETF during the 3rd quarter valued at approximately $118,000. Wilmington Savings Fund Society FSB bought a new stake in iShares MSCI Switzerland ETF in the third quarter valued at $122,000. Finally, Richardson Financial Services Inc. boosted its holdings in shares of iShares MSCI Switzerland ETF by 17.8% during the third quarter. Richardson Financial Services Inc. now owns 3,135 shares of the exchange traded fund’s stock valued at $153,000 after acquiring an additional 473 shares during the period.

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).