iShares MSCI France ETF (NYSEARCA:EWQ) Reaches New 1-Year Low – Here’s What Happened

iShares MSCI France ETF (NYSEARCA:EWQ) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $35.61 and last traded at $35.61, with a volume of 604180 shares changing hands. The stock had previously closed at $35.93.

iShares MSCI France ETF Trading Down 0.8 %

The stock has a market cap of $555.83 million, a price-to-earnings ratio of 17.50 and a beta of 0.85. The firm’s 50-day moving average is $38.43 and its two-hundred day moving average is $39.10.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in EWQ. CX Institutional grew its holdings in shares of iShares MSCI France ETF by 7.4% in the third quarter. CX Institutional now owns 393,613 shares of the exchange traded fund’s stock valued at $15,902,000 after purchasing an additional 27,137 shares during the period. Flow Traders U.S. LLC acquired a new position in iShares MSCI France ETF in the 3rd quarter valued at about $15,759,000. Catalyst Capital Advisors LLC grew its stake in shares of iShares MSCI France ETF by 12.7% in the 2nd quarter. Catalyst Capital Advisors LLC now owns 235,268 shares of the exchange traded fund’s stock valued at $8,888,000 after buying an additional 26,478 shares during the period. HighTower Advisors LLC increased 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 worth $8,973,000 after buying an additional 4,606 shares during the last quarter. Finally, Pictet North America Advisors SA raised its position in shares of iShares MSCI France ETF by 0.6% during the 3rd quarter. Pictet North America Advisors SA now owns 185,431 shares of the exchange traded fund’s stock valued at $7,491,000 after buying an additional 1,051 shares during the period.

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.