iShares MSCI France ETF (NYSEARCA:EWQ) Share Price Pass Above 50-Day Moving Average – Time to Sell?

iShares MSCI France ETF (NYSEARCA:EWQGet Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $44.82 and traded as high as $44.84. iShares MSCI France ETF shares last traded at $44.55, with a volume of 745,506 shares changing hands.

Key Headlines Impacting iShares MSCI France ETF

Here are the key news stories impacting iShares MSCI France ETF this week:

iShares MSCI France ETF Stock Down 1.6%

The firm has a market capitalization of $383.13 million, a price-to-earnings ratio of 17.82 and a beta of 0.98. The business’s 50-day simple moving average is $44.82 and its two-hundred day simple moving average is $43.99.

Institutional Trading of iShares MSCI France ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cobblestone Asset Management LLC purchased a new position in shares of iShares MSCI France ETF during the fourth quarter worth $676,000. USA Financial Formulas purchased a new stake in iShares MSCI France ETF during the fourth quarter worth about $151,000. Boltwood Capital Management increased its stake in iShares MSCI France ETF by 3.2% during the fourth quarter. Boltwood Capital Management now owns 9,650 shares of the exchange traded fund’s stock worth $434,000 after purchasing an additional 300 shares during the period. Lido Advisors LLC lifted its position in shares of iShares MSCI France ETF by 189.3% during the third quarter. Lido Advisors LLC now owns 173,740 shares of the exchange traded fund’s stock worth $7,632,000 after purchasing an additional 113,690 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of iShares MSCI France ETF by 392.7% in the third quarter. Bank of America Corp DE now owns 783,676 shares of the exchange traded fund’s stock valued at $34,427,000 after purchasing an additional 624,621 shares during the period. Hedge funds and other institutional investors own 73.46% of the company’s stock.

About iShares MSCI France ETF

(Get Free Report)

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.

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