iShares MSCI Switzerland ETF $EWL Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its holdings in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 142.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 725,576 shares of the exchange traded fund’s stock after buying an additional 425,970 shares during the period. JPMorgan Chase & Co. owned about 3.01% of iShares MSCI Switzerland ETF worth $40,081,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in EWL. Royal Bank of Canada increased its holdings in iShares MSCI Switzerland ETF by 26.8% in the 1st quarter. Royal Bank of Canada now owns 185,839 shares of the exchange traded fund’s stock worth $9,624,000 after acquiring an additional 39,296 shares in the last quarter. Creative Planning lifted its holdings in iShares MSCI Switzerland ETF by 6.9% during the second quarter. Creative Planning now owns 45,624 shares of the exchange traded fund’s stock valued at $2,501,000 after purchasing an additional 2,953 shares in the last quarter. Cetera Investment Advisers grew its position in shares of iShares MSCI Switzerland ETF by 3.2% in the second quarter. Cetera Investment Advisers now owns 13,241 shares of the exchange traded fund’s stock valued at $726,000 after purchasing an additional 407 shares during the period. Bank Julius Baer & Co. Ltd Zurich increased its stake in shares of iShares MSCI Switzerland ETF by 6.7% during the second quarter. Bank Julius Baer & Co. Ltd Zurich now owns 168,171 shares of the exchange traded fund’s stock worth $9,217,000 after purchasing an additional 10,628 shares in the last quarter. Finally, Global Retirement Partners LLC purchased a new stake in shares of iShares MSCI Switzerland ETF during the second quarter worth about $259,000. Institutional investors and hedge funds own 68.30% of the company’s stock.

iShares MSCI Switzerland ETF Stock Down 2.1%

EWL opened at $56.31 on Friday. The company has a market cap of $1.51 billion, a PE ratio of 21.82 and a beta of 0.81. iShares MSCI Switzerland ETF has a twelve month low of $46.22 and a twelve month high of $65.53. The company has a 50-day moving average price of $61.77 and a 200 day moving average price of $58.82.

About iShares MSCI Switzerland ETF

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). The Index consists of stocks traded primarily on the Zurich Stock Exchange. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.