iShares MSCI Switzerland ETF $EWL Shares Sold by Baird Financial Group Inc.

Baird Financial Group Inc. reduced its position in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 13.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,730 shares of the exchange traded fund’s stock after selling 907 shares during the period. Baird Financial Group Inc.’s holdings in iShares MSCI Switzerland ETF were worth $297,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AlphaCore Capital LLC purchased a new stake in iShares MSCI Switzerland ETF in the first quarter valued at $28,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in iShares MSCI Switzerland ETF in the first quarter valued at $47,000. Trifecta Capital Advisors LLC purchased a new stake in iShares MSCI Switzerland ETF in the first quarter valued at $69,000. Allworth Financial LP raised its position in iShares MSCI Switzerland ETF by 71.4% in the first quarter. Allworth Financial LP now owns 1,472 shares of the exchange traded fund’s stock valued at $78,000 after purchasing an additional 613 shares during the period. Finally, MassMutual Private Wealth & Trust FSB raised its position in iShares MSCI Switzerland ETF by 17.8% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,669 shares of the exchange traded fund’s stock valued at $86,000 after purchasing an additional 252 shares during the period. Hedge funds and other institutional investors own 68.30% of the company’s stock.

iShares MSCI Switzerland ETF Stock Up 0.9%

NYSEARCA:EWL opened at $56.12 on Friday. iShares MSCI Switzerland ETF has a 52 week low of $45.56 and a 52 week high of $56.45. The company has a market capitalization of $1.36 billion, a P/E ratio of 21.82 and a beta of 0.73. The stock’s fifty day moving average is $54.68 and its two-hundred day moving average is $53.68.

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).