Y Intercept Hong Kong Ltd Invests $1.51 Million in iShares MSCI Switzerland ETF $EWL

Y Intercept Hong Kong Ltd purchased a new stake in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 25,642 shares of the exchange traded fund’s stock, valued at approximately $1,508,000. Y Intercept Hong Kong Ltd owned approximately 0.10% of iShares MSCI Switzerland ETF at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Bayban purchased a new position in iShares MSCI Switzerland ETF in the 4th quarter worth about $35,000. Advisory Services Network LLC purchased a new stake in shares of iShares MSCI Switzerland ETF during the 3rd quarter valued at about $44,000. Harbour Investments Inc. boosted its holdings in shares of iShares MSCI Switzerland ETF by 359.2% during the 4th quarter. Harbour Investments Inc. now owns 822 shares of the exchange traded fund’s stock valued at $49,000 after acquiring an additional 643 shares during the last quarter. Capital Investment Advisory Services LLC bought a new stake in shares of iShares MSCI Switzerland ETF in the fourth quarter worth approximately $54,000. Finally, IFP Advisors Inc bought a new stake in shares of iShares MSCI Switzerland ETF in the third quarter worth approximately $60,000. 68.30% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Switzerland ETF Stock Performance

Shares of EWL traded down $0.04 during mid-day trading on Friday, hitting $62.93. 152,796 shares of the company traded hands, compared to its average volume of 645,475. The stock has a 50-day moving average price of $62.17 and a two-hundred day moving average price of $61.40. iShares MSCI Switzerland ETF has a 1 year low of $51.83 and a 1 year high of $65.53. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 21.82 and a beta of 0.77.

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). 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.