Vertex Investment Solutions Co. Ltd. Invests $1.73 Million in iShares MSCI France ETF $EWQ

Vertex Investment Solutions Co. Ltd. purchased a new position in shares of iShares MSCI France ETF (NYSEARCA:EWQ) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 38,200 shares of the exchange traded fund’s stock, valued at approximately $1,729,000. iShares MSCI France ETF accounts for 1.2% of Vertex Investment Solutions Co. Ltd.’s investment portfolio, making the stock its 16th biggest position.

Several other hedge funds also recently added to or reduced their stakes in EWQ. Raymond James Financial Inc. purchased a new stake in iShares MSCI France ETF in the 2nd quarter worth about $30,000. BNP Paribas Financial Markets boosted its position in shares of iShares MSCI France ETF by 106.3% during the third quarter. BNP Paribas Financial Markets now owns 949 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 489 shares during the period. Fifth Third Bancorp bought a new position in shares of iShares MSCI France ETF during the first quarter valued at approximately $48,000. Comerica Bank raised its holdings in shares of iShares MSCI France ETF by 54.9% in the first quarter. Comerica Bank now owns 1,182 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 419 shares during the period. Finally, Kestra Advisory Services LLC bought a new stake in shares of iShares MSCI France ETF during the 4th quarter worth approximately $131,000. 73.46% of the stock is currently owned by institutional investors.

iShares MSCI France ETF Stock Down 0.1%

EWQ opened at $45.69 on Friday. The business has a fifty day moving average of $46.12 and a 200 day moving average of $45.52. The stock has a market cap of $328.97 million, a P/E ratio of 17.82 and a beta of 0.84. iShares MSCI France ETF has a 52-week low of $41.58 and a 52-week high of $48.39.

iShares MSCI France ETF Profile

iShares MSCI France ETF, formerly iShares MSCI France Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the French market, as measured by the MSCI France Index (the Index). The Index seeks to measure the performance of the French equity market. The Index consists of stocks traded primarily on the Paris Stock Exchange. The Fund invests in sectors, such as industrials, financials, energy, consumer discretionary, consumer staples, healthcare, materials, telecommunication services, utilities and information technology.