iShares MSCI France ETF (NYSEARCA:EWQ) Sees Unusually-High Trading Volume – Time to Buy?

iShares MSCI France ETF (NYSEARCA:EWQ) shares saw strong trading volume on Wednesday . 146,179 shares were traded during mid-day 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 Stock Down 0.8 %

The company has a market capitalization of $562.69 million, a P/E ratio of 17.50 and a beta of 0.85. The firm has a 50-day moving average price of $36.47 and a two-hundred day moving average price of $38.05.

Institutional Investors Weigh In On iShares MSCI France ETF

Institutional investors have recently added to or reduced their stakes in the company. Boltwood Capital Management raised its holdings in 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 acquiring an additional 2,650 shares in the last quarter. Zacks Investment Management raised its stake in shares of iShares MSCI France ETF by 3.0% in the third quarter. Zacks Investment Management now owns 56,830 shares of the exchange traded fund’s stock valued at $2,296,000 after purchasing an additional 1,659 shares in the last quarter. Wellington Management Group LLP acquired a new position in shares of iShares MSCI France ETF in the third quarter valued at $428,000. HighTower Advisors LLC lifted its position in iShares MSCI France ETF by 2.1% in the third quarter. HighTower Advisors LLC now owns 222,018 shares of the exchange traded fund’s stock worth $8,973,000 after purchasing an additional 4,606 shares during the period. Finally, Centiva Capital LP boosted its stake in iShares MSCI France ETF by 25.0% during the third quarter. Centiva Capital LP now owns 23,000 shares of the exchange traded fund’s stock worth $929,000 after buying an additional 4,600 shares in the last quarter.

iShares MSCI France ETF Company Profile

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.