iShares MSCI Switzerland ETF (NYSEARCA:EWL) Sets New 1-Year High – Still a Buy?

iShares MSCI Switzerland ETF (NYSEARCA:EWL)’s share price reached a new 52-week high on Tuesday . The company traded as high as $53.08 and last traded at $53.03, with a volume of 454809 shares traded. The stock had previously closed at $52.30.

iShares MSCI Switzerland ETF Price Performance

The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 24.01 and a beta of 0.77. The firm has a 50 day moving average price of $48.85 and a 200-day moving average price of $49.54.

Institutional Trading of iShares MSCI Switzerland ETF

Large investors have recently made changes to their positions in the company. FMR LLC grew its holdings in iShares MSCI Switzerland ETF by 36.8% during the 3rd quarter. FMR LLC now owns 11,258 shares of the exchange traded fund’s stock worth $587,000 after acquiring an additional 3,026 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of iShares MSCI Switzerland ETF by 1.2% during the 3rd quarter. HighTower Advisors LLC now owns 152,294 shares of the exchange traded fund’s stock worth $7,930,000 after purchasing an additional 1,740 shares during the last quarter. Kovitz Investment Group Partners LLC grew its stake in shares of iShares MSCI Switzerland ETF by 10.0% during the third quarter. Kovitz Investment Group Partners LLC now owns 6,529 shares of the exchange traded fund’s stock worth $341,000 after purchasing an additional 596 shares in the last quarter. National Bank of Canada FI increased its holdings in iShares MSCI Switzerland ETF by 6.8% in the third quarter. National Bank of Canada FI now owns 11,886 shares of the exchange traded fund’s stock valued at $619,000 after buying an additional 760 shares during the last quarter. Finally, Boltwood Capital Management raised its stake in iShares MSCI Switzerland ETF by 35.2% in the fourth quarter. Boltwood Capital Management now owns 5,575 shares of the exchange traded fund’s stock valued at $256,000 after buying an additional 1,450 shares in the last quarter.

iShares MSCI Switzerland ETF Company 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).