Pictet North America Advisors SA Has $5.73 Million Holdings in iShares MSCI Switzerland ETF $EWL

Pictet North America Advisors SA boosted its holdings in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 12.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 95,606 shares of the exchange traded fund’s stock after acquiring an additional 10,289 shares during the period. Pictet North America Advisors SA’s holdings in iShares MSCI Switzerland ETF were worth $5,733,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Advisory Services Network LLC bought a new stake in shares of iShares MSCI Switzerland ETF in the third quarter worth about $44,000. MAI Capital Management lifted its holdings in shares of iShares MSCI Switzerland ETF by 631.1% during the 3rd quarter. MAI Capital Management now owns 965 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 833 shares in the last quarter. IFP Advisors Inc acquired a new position in shares of iShares MSCI Switzerland ETF in the 3rd quarter valued at approximately $60,000. Allworth Financial LP grew its position in shares of iShares MSCI Switzerland ETF by 13.8% in the 3rd quarter. Allworth Financial LP now owns 1,510 shares of the exchange traded fund’s stock valued at $83,000 after purchasing an additional 183 shares during the period. Finally, USA Financial Formulas bought a new stake in iShares MSCI Switzerland ETF during the 4th quarter worth approximately $136,000. 68.30% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Switzerland ETF Stock Performance

Shares of EWL stock opened at $59.50 on Thursday. iShares MSCI Switzerland ETF has a 52 week low of $46.22 and a 52 week high of $65.53. The company’s 50 day moving average price is $61.36 and its two-hundred day moving average price is $58.93. The company has a market capitalization of $1.60 billion, a P/E ratio of 21.82 and a beta of 0.81.

iShares MSCI Switzerland ETF Company 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). 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.