LFA Lugano Financial Advisors SA Acquires 7,716 Shares of iShares MSCI Switzerland ETF $EWL

LFA Lugano Financial Advisors SA raised its stake in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 40.1% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 26,962 shares of the exchange traded fund’s stock after purchasing an additional 7,716 shares during the period. iShares MSCI Switzerland ETF makes up approximately 0.9% of LFA Lugano Financial Advisors SA’s portfolio, making the stock its 26th biggest holding. LFA Lugano Financial Advisors SA owned about 0.11% of iShares MSCI Switzerland ETF worth $1,478,000 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 the stock. Climber Capital SA raised its stake in shares of iShares MSCI Switzerland ETF by 0.7% in the second quarter. Climber Capital SA now owns 61,151 shares of the exchange traded fund’s stock worth $3,335,000 after purchasing an additional 405 shares during the last quarter. swisspartners Advisors Ltd bought a new stake in iShares MSCI Switzerland ETF during the second quarter worth $236,000. Simon Quick Advisors LLC bought a new stake in iShares MSCI Switzerland ETF during the second quarter worth $1,642,000. Arkadios Wealth Advisors purchased a new stake in iShares MSCI Switzerland ETF in the 2nd quarter valued at $301,000. Finally, Envestnet Asset Management Inc. lifted its stake in iShares MSCI Switzerland ETF by 76.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 80,228 shares of the exchange traded fund’s stock valued at $4,397,000 after acquiring an additional 34,676 shares in the last quarter. 68.30% of the stock is owned by institutional investors.

iShares MSCI Switzerland ETF Price Performance

EWL opened at $55.74 on Friday. iShares MSCI Switzerland ETF has a 1 year low of $45.56 and a 1 year high of $57.84. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 21.82 and a beta of 0.81. The firm’s fifty day moving average price is $55.90 and its two-hundred day moving average price is $54.94.

iShares MSCI Switzerland ETF 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).