iShares MSCI France ETF $EWQ Stock Purchased by Lido Advisors LLC

Lido Advisors LLC increased its holdings in shares of iShares MSCI France ETF (NYSEARCA:EWQ) by 19.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 659,256 shares of the exchange traded fund’s stock after purchasing an additional 107,664 shares during the period. Lido Advisors LLC owned about 0.08% of iShares MSCI France ETF worth $28,084,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in EWQ. Fifth Third Bancorp purchased a new stake in iShares MSCI France ETF in the first quarter valued at about $48,000. USA Financial Formulas boosted its holdings in iShares MSCI France ETF by 63.9% in the first quarter. USA Financial Formulas now owns 5,513 shares of the exchange traded fund’s stock worth $239,000 after acquiring an additional 2,149 shares in the last quarter. SteelPeak Wealth LLC acquired a new stake in iShares MSCI France ETF in the third quarter worth about $245,000. Empowered Funds LLC acquired a new stake in iShares MSCI France ETF in the first quarter worth about $276,000. Finally, Nisa Investment Advisors LLC purchased a new stake in shares of iShares MSCI France ETF during the third quarter worth about $282,000. 73.46% of the stock is owned by institutional investors and hedge funds.

iShares MSCI France ETF Stock Performance

Shares of EWQ stock opened at $44.13 on Wednesday. iShares MSCI France ETF has a fifty-two week low of $40.92 and a fifty-two week high of $48.39. The firm has a market capitalization of $353.04 million, a price-to-earnings ratio of 17.18 and a beta of 0.84. The stock’s 50-day simple moving average is $43.11 and its 200-day simple moving average is $44.96.

About iShares MSCI France ETF

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.