Vontobel Holding Ltd. Sells 38,190 Shares of iShares MSCI Switzerland ETF $EWL

Vontobel Holding Ltd. reduced its holdings in iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 5.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 667,641 shares of the exchange traded fund’s stock after selling 38,190 shares during the quarter. Vontobel Holding Ltd.’s holdings in iShares MSCI Switzerland ETF were worth $36,880,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of iShares MSCI Switzerland ETF during the second quarter worth about $38,000. Parallel Advisors LLC acquired a new stake in shares of iShares MSCI Switzerland ETF in the second quarter valued at approximately $56,000. Comerica Bank lifted its stake in shares of iShares MSCI Switzerland ETF by 36.3% during the 1st quarter. Comerica Bank now owns 3,405 shares of the exchange traded fund’s stock worth $176,000 after buying an additional 907 shares during the last quarter. LGL Partners LLC bought a new position in iShares MSCI Switzerland ETF during the 2nd quarter worth $203,000. Finally, Kingswood Wealth Advisors LLC acquired a new stake in shares of iShares MSCI Switzerland ETF during the 2nd quarter worth $209,000. 68.30% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Switzerland ETF Stock Up 1.1%

NYSEARCA:EWL opened at $60.56 on Wednesday. The firm has a market capitalization of $1.46 billion, a PE ratio of 21.82 and a beta of 0.81. iShares MSCI Switzerland ETF has a twelve month low of $45.80 and a twelve month high of $60.48. The stock’s 50-day simple moving average is $57.34 and its 200 day simple moving average is $55.74.

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.