iShares MSCI France ETF (NYSEARCA:EWQ) Share Price Cross Above 50 Day Moving Average – What’s Next?

by · The Cerbat Gem

Shares of iShares MSCI France ETF (NYSEARCA:EWQ – Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $43.83 and traded as high as $44.37. iShares MSCI France ETF shares last traded at $44.28, with a volume of 291,033 shares changing hands.

iShares MSCI France ETF Stock Performance

The company has a market cap of $407.38 million, a price-to-earnings ratio of 17.82 and a beta of 0.98. The business’s 50 day moving average price is $43.83 and its 200-day moving average price is $42.85.

Institutional Investors Weigh In On iShares MSCI France ETF

A number of hedge funds have recently made changes to their positions in the company. Brueske Advisory Services LLC increased its position in shares of iShares MSCI France ETF by 14.6% during the 3rd quarter. Brueske Advisory Services LLC now owns 24,937 shares of the exchange traded fund’s stock worth $1,096,000 after purchasing an additional 3,173 shares in the last quarter. Pictet North America Advisors SA increased its position in shares of iShares MSCI France ETF by 20.2% during the 3rd quarter. Pictet North America Advisors SA now owns 130,339 shares of the exchange traded fund’s stock worth $5,726,000 after purchasing an additional 21,921 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of iShares MSCI France ETF by 10.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 770,301 shares of the exchange traded fund’s stock worth $33,839,000 after purchasing an additional 70,700 shares in the last quarter. Vontobel Holding Ltd. increased its position in shares of iShares MSCI France ETF by 0.9% during the 3rd quarter. Vontobel Holding Ltd. now owns 55,335 shares of the exchange traded fund’s stock worth $2,431,000 after purchasing an additional 475 shares in the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of iShares MSCI France ETF by 31.2% during the 2nd quarter. Osaic Holdings Inc. now owns 17,061 shares of the exchange traded fund’s stock worth $730,000 after purchasing an additional 4,053 shares in the last quarter. Institutional investors and hedge funds own 73.46% of the company’s stock.

About iShares MSCI France ETF

(Get Free Report)

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.

Further Reading