iShares MSCI France ETF (NYSEARCA:EWQ) Sees Large Volume Increase – Here’s What Happened

Shares of iShares MSCI France ETF (NYSEARCA:EWQ) saw unusually-strong trading volume on Wednesday . Approximately 146,179 shares traded hands during trading, a decline of 51% from the previous session’s volume of 297,586 shares.The stock last traded at $35.91 and had previously closed at $36.35.

iShares MSCI France ETF Trading Down 0.6 %

The stock has a 50 day simple moving average of $36.39 and a 200 day simple moving average of $38.02. The stock has a market cap of $560.04 million, a P/E ratio of 17.50 and a beta of 0.85.

Hedge Funds Weigh In On iShares MSCI France ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Boltwood Capital Management increased its stake in shares of iShares MSCI France ETF by 51.5% in the 4th quarter. Boltwood Capital Management now owns 7,800 shares of the exchange traded fund’s stock valued at $280,000 after purchasing an additional 2,650 shares during the last quarter. Zacks Investment Management boosted its holdings in shares of iShares MSCI France ETF by 3.0% during the 3rd quarter. Zacks Investment Management now owns 56,830 shares of the exchange traded fund’s stock valued at $2,296,000 after acquiring an additional 1,659 shares in the last quarter. Wellington Management Group LLP acquired a new stake in shares of iShares MSCI France ETF during the 3rd quarter valued at $428,000. HighTower Advisors LLC boosted its holdings in shares of iShares MSCI France ETF by 2.1% during the 3rd quarter. HighTower Advisors LLC now owns 222,018 shares of the exchange traded fund’s stock valued at $8,973,000 after acquiring an additional 4,606 shares in the last quarter. Finally, Centiva Capital LP boosted its holdings in shares of iShares MSCI France ETF by 25.0% during the 3rd quarter. Centiva Capital LP now owns 23,000 shares of the exchange traded fund’s stock valued at $929,000 after acquiring an additional 4,600 shares in the last quarter.

About iShares MSCI France ETF

iShares MSCI France ETF, formerly iShares MSCI France Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the French market, as measured by the MSCI France Index (the Index). The Index seeks to measure the performance of the French equity market.