Viewpoint Capital Management LLC Cuts Stake in iShares MSCI Sweden ETF (NYSEARCA:EWD)

Posted by William Tyler on Jun 29th, 2024

Viewpoint Capital Management LLC reduced its position in iShares MSCI Sweden ETF (NYSEARCA:EWD – Free Report) by 5.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 5,679 shares of the company’s stock after selling 310 shares during the period. Viewpoint Capital Management LLC’s holdings in iShares MSCI Sweden ETF were worth $227,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Brookstone Capital Management bought a new stake in iShares MSCI Sweden ETF during the 1st quarter valued at $300,000. EHP Funds Inc. purchased a new position in iShares MSCI Sweden ETF in the fourth quarter valued at about $474,000. Sunbelt Securities Inc. bought a new position in iShares MSCI Sweden ETF in the first quarter worth about $486,000. Idaho Trust Bank purchased a new stake in shares of iShares MSCI Sweden ETF during the fourth quarter valued at about $587,000. Finally, Mount Lucas Management LP purchased a new stake in shares of iShares MSCI Sweden ETF during the fourth quarter valued at about $740,000. 49.63% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Sweden ETF Stock Up 0.7 %

Shares of iShares MSCI Sweden ETF stock traded up $0.27 on Friday, reaching $40.25. The stock had a trading volume of 516,948 shares, compared to its average volume of 165,355. The company has a 50 day moving average price of $40.66 and a 200 day moving average price of $39.51. iShares MSCI Sweden ETF has a 1 year low of $30.68 and a 1 year high of $42.65.