iShares MSCI France ETF (NYSEARCA:EWQ) Sees Unusually-High Trading Volume

Shares of iShares MSCI France ETF (NYSEARCA:EWQ) saw an uptick in trading volume on Friday . 243,981 shares changed hands during mid-day trading, a decline of 52% from the previous session’s volume of 513,592 shares.The stock last traded at $41.14 and had previously closed at $41.36.

iShares MSCI France ETF Price Performance

The firm has a fifty day moving average price of $39.59 and a two-hundred day moving average price of $37.75. The stock has a market capitalization of $1.05 billion, a PE ratio of 12.58 and a beta of 1.03.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in shares of iShares MSCI France ETF by 2,553.2% in the 1st quarter. JPMorgan Chase & Co. now owns 89,545 shares of the exchange traded fund’s stock valued at $3,164,000 after acquiring an additional 86,170 shares during the period. BlackRock Inc. increased its holdings in shares of iShares MSCI France ETF by 5,098.9% in the 1st quarter. BlackRock Inc. now owns 1,868,322 shares of the exchange traded fund’s stock valued at $66,007,000 after acquiring an additional 1,832,385 shares during the period. Flow Traders U.S. LLC increased its holdings in shares of iShares MSCI France ETF by 285.8% in the 1st quarter. Flow Traders U.S. LLC now owns 48,664 shares of the exchange traded fund’s stock valued at $1,719,000 after acquiring an additional 36,051 shares during the period. Renaissance Technologies LLC increased its holdings in shares of iShares MSCI France ETF by 53.9% in the 1st quarter. Renaissance Technologies LLC now owns 37,700 shares of the exchange traded fund’s stock valued at $1,332,000 after acquiring an additional 13,200 shares during the period. Finally, Hsbc Holdings PLC boosted its position in shares of iShares MSCI France ETF by 211.9% in the 1st quarter. Hsbc Holdings PLC now owns 101,825 shares of the exchange traded fund’s stock worth $3,597,000 after purchasing an additional 69,183 shares in the last quarter.

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.