iShares MSCI France ETF (NYSEARCA:EWQ) Stock Pass Below 200-Day Moving Average – Here’s What Happened

iShares MSCI France ETF (NYSEARCA:EWQ)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $39.85 and traded as low as $38.95. iShares MSCI France ETF shares last traded at $39.07, with a volume of 462,270 shares changing hands.

iShares MSCI France ETF Price Performance

The business’s 50-day simple moving average is $39.06 and its two-hundred day simple moving average is $39.84. The stock has a market capitalization of $615.89 million, a price-to-earnings ratio of 17.50 and a beta of 0.85.

Institutional Trading of iShares MSCI France ETF

A number of hedge funds have recently made changes to their positions in EWQ. CX Institutional grew its stake in iShares MSCI France ETF by 1.2% during the 2nd quarter. CX Institutional now owns 366,476 shares of the exchange traded fund’s stock valued at $13,845,000 after purchasing an additional 4,376 shares in the last quarter. Catalyst Capital Advisors LLC boosted its stake in iShares MSCI France ETF by 12.7% during 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 acquiring an additional 26,478 shares during the last quarter. Pictet North America Advisors SA increased its position in shares of iShares MSCI France ETF by 186.5% in the 2nd quarter. Pictet North America Advisors SA now owns 184,380 shares of the exchange traded fund’s stock worth $6,966,000 after purchasing an additional 120,016 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in shares of iShares MSCI France ETF by 11.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 74,411 shares of the exchange traded fund’s stock worth $2,811,000 after purchasing an additional 7,600 shares during the last quarter. Finally, Idaho Trust Bank bought a new position in shares of iShares MSCI France ETF during the second quarter worth about $2,070,000.

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.