Marotta Asset Management Sells 858 Shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL)

Marotta Asset Management trimmed its position in shares of iShares MSCI Switzerland ETF (NYSEARCA:EWL) by 6.6% in the fourth quarter, Holdings Channel reports. The fund owned 12,052 shares of the exchange traded fund’s stock after selling 858 shares during the quarter. Marotta Asset Management’s holdings in iShares MSCI Switzerland ETF were worth $553,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Rhumbline Advisers lifted its stake in shares of iShares MSCI Switzerland ETF by 17.7% in the second quarter. Rhumbline Advisers now owns 7,430 shares of the exchange traded fund’s stock valued at $358,000 after buying an additional 1,120 shares during the period. Idaho Trust Bank acquired a new stake in shares of iShares MSCI Switzerland ETF during the 2nd quarter worth approximately $1,513,000. Hsbc Holdings PLC grew its holdings in shares of iShares MSCI Switzerland ETF by 60.4% during the 2nd quarter. Hsbc Holdings PLC now owns 38,239 shares of the exchange traded fund’s stock worth $1,844,000 after purchasing an additional 14,399 shares in the last quarter. DRW Securities LLC acquired a new position in shares of iShares MSCI Switzerland ETF in the second quarter valued at $989,000. Finally, Creative Planning lifted its position in iShares MSCI Switzerland ETF by 3.3% in the second quarter. Creative Planning now owns 39,499 shares of the exchange traded fund’s stock worth $1,904,000 after purchasing an additional 1,279 shares during the period.

iShares MSCI Switzerland ETF Stock Performance

Shares of NYSEARCA EWL traded down $0.49 during mid-day trading on Friday, hitting $46.51. 62,343 shares of the stock were exchanged, compared to its average volume of 428,785. The company has a market cap of $1.10 billion, a P/E ratio of 22.62 and a beta of 0.67. iShares MSCI Switzerland ETF has a twelve month low of $45.04 and a twelve month high of $53.03. The stock’s fifty day simple moving average is $47.38 and its two-hundred day simple moving average is $49.43.

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).