iShares MSCI France ETF (NYSEARCA:EWQ) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Core Insights - The iShares MSCI France ETF has shown a slight increase in stock price, up 0.2%, with a market capitalization of $413.82 million and a PE ratio of 17.82 [1] - Institutional investors have significantly increased their positions in the ETF during the third quarter, indicating strong interest and confidence in the fund [2] Group 1: Stock Performance - The iShares MSCI France ETF has a 50-day moving average price of $44.54 and a 200-day moving average price of $43.60 [1] - The stock traded as high as $45.03 and last traded at $44.98, with a trading volume of 216,063 shares [5] Group 2: Institutional Investment Activity - Lido Advisors LLC increased its holdings by 189.3%, now owning 173,740 shares valued at $7.632 million after purchasing an additional 113,690 shares [2] - Bank of America Corp DE grew its position by 392.7%, owning 783,676 shares valued at $34.427 million after buying an additional 624,621 shares [2] - Ameriprise Financial Inc. increased its position by 6.1%, now owning 958,494 shares valued at $42.1 million after acquiring an additional 54,897 shares [2] - Comerica Bank increased its holdings by 39.1%, now owning 1,938 shares valued at $85,000 after buying an additional 545 shares [2] - BNP Paribas Financial Markets raised its position by 106.3%, now owning 949 shares worth $42,000 after acquiring an additional 489 shares [2] - Institutional investors and hedge funds collectively own 73.46% of the ETF's stock [2] Group 3: Fund Overview - The iShares MSCI France ETF aims to provide investment results that correspond to the price and yield performance of publicly traded securities in the French market, as measured by the MSCI France Index [3] - The fund invests across various sectors, including industrials, financials, energy, consumer discretionary, consumer staples, healthcare, materials, telecommunication services, utilities, and information technology [3]