Millburn Ridgefield LLC DE Raises Stock Holdings in iShares MSCI Switzerland ETF $EWL

Millburn Ridgefield LLC DE increased its stake in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 8.0% in the first quarter, HoldingsChannel reports. The firm owned 541,025 shares of the exchange traded fund’s stock after buying an additional 40,070 shares during the quarter. iShares MSCI Switzerland ETF makes up approximately 0.7% of Millburn Ridgefield LLC DE’s holdings, making the stock its 24th biggest holding. Millburn Ridgefield LLC DE’s holdings in iShares MSCI Switzerland ETF were worth $31,818,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Bayban acquired a new stake in shares of iShares MSCI Switzerland ETF during the 4th quarter worth about $35,000. Advisory Services Network LLC purchased a new stake in shares of iShares MSCI Switzerland ETF during the third quarter worth about $44,000. Harbour Investments Inc. raised its position in shares of iShares MSCI Switzerland ETF by 359.2% in the fourth quarter. Harbour Investments Inc. now owns 822 shares of the exchange traded fund’s stock valued at $49,000 after buying an additional 643 shares during the last quarter. MAI Capital Management raised its position in shares of iShares MSCI Switzerland ETF by 631.1% in the third quarter. MAI Capital Management now owns 965 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 833 shares during the last quarter. Finally, Capital Investment Advisory Services LLC purchased a new position in shares of iShares MSCI Switzerland ETF during the fourth quarter valued at approximately $54,000. Institutional investors and hedge funds own 68.30% of the company’s stock.

iShares MSCI Switzerland ETF Stock Performance

Shares of NYSEARCA EWL opened at $62.40 on Monday. iShares MSCI Switzerland ETF has a 1 year low of $51.83 and a 1 year high of $65.53. The firm’s 50 day moving average price is $61.76 and its 200 day moving average price is $61.10. The firm has a market cap of $1.60 billion, a P/E ratio of 21.82 and a beta of 0.77.

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.