Arkadios Wealth Advisors Takes $301,000 Position in iShares MSCI Switzerland ETF $EWL

Arkadios Wealth Advisors purchased a new stake in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 5,495 shares of the exchange traded fund’s stock, valued at approximately $301,000.

Other institutional investors have also recently made changes to their positions in the company. AlphaCore Capital LLC purchased a new stake in shares of iShares MSCI Switzerland ETF during the first quarter valued at approximately $28,000. Parallel Advisors LLC purchased a new stake in shares of iShares MSCI Switzerland ETF during the second quarter valued at approximately $56,000. Allworth Financial LP grew its holdings in shares of iShares MSCI Switzerland ETF by 71.4% during the first quarter. Allworth Financial LP now owns 1,472 shares of the exchange traded fund’s stock valued at $78,000 after buying an additional 613 shares during the last quarter. Comerica Bank grew its holdings in shares of iShares MSCI Switzerland ETF by 36.3% during the first quarter. Comerica Bank now owns 3,405 shares of the exchange traded fund’s stock valued at $176,000 after buying an additional 907 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC purchased a new stake in shares of iShares MSCI Switzerland ETF during the second quarter valued at approximately $209,000. Hedge funds and other institutional investors own 68.30% of the company’s stock.

iShares MSCI Switzerland ETF Stock Up 0.6%

NYSEARCA:EWL opened at $55.40 on Thursday. The company’s 50 day moving average price is $55.89 and its 200-day moving average price is $54.89. iShares MSCI Switzerland ETF has a 52 week low of $45.56 and a 52 week high of $57.84. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of 21.82 and a beta of 0.81.

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).