iShares MSCI France ETF (NYSEARCA:EWQ) Sees Large Volume Increase

iShares MSCI France ETF (NYSEARCA:EWQ) saw strong trading volume on Thursday . 1,069,622 shares were traded during trading, an increase of 119% from the previous session’s volume of 487,363 shares.The stock last traded at $40.28 and had previously closed at $39.20.

iShares MSCI France ETF Stock Performance

The stock has a market capitalization of $619.32 million, a price-to-earnings ratio of 17.50 and a beta of 0.85. The firm has a fifty day moving average of $38.80 and a 200-day moving average of $39.91.

Institutional Investors Weigh In On iShares MSCI France ETF

Several hedge funds and other institutional investors have recently bought and sold shares of EWQ. O Shaughnessy Asset Management LLC raised its holdings in shares of iShares MSCI France ETF by 42.8% during the first quarter. O Shaughnessy Asset Management LLC now owns 1,527 shares of the exchange traded fund’s stock valued at $63,000 after acquiring an additional 458 shares during the period. Contravisory Investment Management Inc. grew its position in iShares MSCI France ETF by 4.1% during the second quarter. Contravisory Investment Management Inc. now owns 20,218 shares of the exchange traded fund’s stock valued at $764,000 after purchasing an additional 796 shares in the last quarter. CX Institutional increased its stake in iShares MSCI France ETF by 1.2% in the 2nd quarter. CX Institutional now owns 366,476 shares of the exchange traded fund’s stock valued at $13,845,000 after buying an additional 4,376 shares during the period. Donald L. Hagan LLC purchased a new stake in iShares MSCI France ETF in the 2nd quarter worth approximately $250,000. Finally, Legacy Capital Group California Inc. boosted its stake in shares of iShares MSCI France ETF by 4.1% during the 2nd quarter. Legacy Capital Group California Inc. now owns 20,018 shares of the exchange traded fund’s stock valued at $756,000 after buying an additional 796 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.