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

iShares MSCI France ETF (NYSEARCA:EWQ) shares saw an uptick in trading volume on Wednesday . 146,179 shares changed hands 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 Performance

The stock has a market capitalization of $562.69 million, a P/E ratio of 17.50 and a beta of 0.85. The business has a 50 day simple moving average of $36.47 and a 200-day simple moving average of $38.05.

Hedge Funds Weigh In On iShares MSCI France ETF

Several large investors have recently made changes to their positions in EWQ. Boltwood Capital Management boosted its position 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 period. Zacks Investment Management boosted its holdings 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 worth $2,296,000 after buying an additional 1,659 shares during the period. Wellington Management Group LLP purchased a new position in shares of iShares MSCI France ETF in the third quarter worth approximately $428,000. HighTower Advisors LLC raised its holdings in shares of iShares MSCI France ETF by 2.1% during the third 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 during the period. Finally, Centiva Capital LP lifted its position in shares of iShares MSCI France ETF by 25.0% in 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.

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.