iShares MSCI France ETF (NYSEARCA:EWQ) Sees Large Volume Increase – Here’s What Happened

iShares MSCI France ETF (NYSEARCA:EWQ) shares saw unusually-high trading volume on Wednesday . Approximately 146,179 shares traded 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 Price Performance

The company has a market capitalization of $560.04 million, a price-to-earnings ratio of 17.50 and a beta of 0.85. The stock has a 50-day moving average price of $36.39 and a 200-day moving average price of $38.02.

Institutional Trading of iShares MSCI France ETF

Hedge funds have recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new stake in iShares MSCI France ETF during the 2nd quarter worth approximately $26,000. Ashton Thomas Private Wealth LLC bought a new position in iShares MSCI France ETF during the 2nd quarter worth $27,000. National Bank of Canada FI bought a new position in iShares MSCI France ETF during the 2nd quarter worth $38,000. Boltwood Capital Management bought a new position in iShares MSCI France ETF during the 3rd quarter worth $208,000. Finally, Sanctuary Advisors LLC bought a new position in iShares MSCI France ETF during the 2nd quarter worth $264,000.

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.