iShares MSCI France ETF (NYSEARCA:EWQ) Sets New 52-Week Low – Should You Sell?

Shares of iShares MSCI France ETF (NYSEARCA:EWQ) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $35.61 and last traded at $35.61, with a volume of 604180 shares trading hands. The stock had previously closed at $35.93.

iShares MSCI France ETF Trading Up 0.5 %

The firm has a market cap of $558.79 million, a PE ratio of 17.50 and a beta of 0.85. The company’s 50-day moving average is $38.29 and its 200 day moving average is $39.03.

Institutional Investors Weigh In On iShares MSCI France ETF

Several hedge funds have recently bought and sold shares of EWQ. O Shaughnessy Asset Management LLC increased its holdings in shares of iShares MSCI France ETF by 42.8% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,527 shares of the exchange traded fund’s stock valued at $63,000 after purchasing an additional 458 shares during the period. Contravisory Investment Management Inc. increased its stake in iShares MSCI France ETF by 4.1% in the 2nd quarter. Contravisory Investment Management Inc. now owns 20,218 shares of the exchange traded fund’s stock valued at $764,000 after buying an additional 796 shares during the period. CX Institutional increased its stake in iShares MSCI France ETF by 1.2% in the 2nd quarter. CX Institutional now owns 366,476 shares of the exchange traded fund’s stock valued at $13,845,000 after buying an additional 4,376 shares during the period. Donald L. Hagan LLC acquired a new position in iShares MSCI France ETF in the 2nd quarter valued at approximately $250,000. Finally, Legacy Capital Group California Inc. increased its stake in iShares MSCI France ETF by 4.1% in the 2nd quarter. Legacy Capital Group California Inc. now owns 20,018 shares of the exchange traded fund’s stock valued at $756,000 after buying an additional 796 shares during the period.

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.