iShares MSCI France ETF (NYSEARCA:EWQ) Reaches New 12-Month Low – Here’s What Happened

iShares MSCI France ETF (NYSEARCA:EWQ)’s share price reached a new 52-week low on Friday . The company traded as low as $35.22 and last traded at $35.31, with a volume of 22637 shares. The stock had previously closed at $35.54.

iShares MSCI France ETF Stock Performance

The firm has a market capitalization of $550.68 million, a PE ratio of 17.50 and a beta of 0.85. The stock has a fifty day moving average price of $36.62 and a 200-day moving average price of $38.11.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Boltwood Capital Management purchased a new position in iShares MSCI France ETF during the third quarter valued at approximately $208,000. Sanctuary Advisors LLC acquired a new stake in iShares MSCI France ETF during the second quarter valued at $264,000. Foundations Investment Advisors LLC purchased a new position in iShares MSCI France ETF in the second quarter valued at $848,000. Bank of New York Mellon Corp boosted its stake in shares of iShares MSCI France ETF by 27.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 7,777 shares of the exchange traded fund’s stock worth $294,000 after acquiring an additional 1,667 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of iShares MSCI France ETF by 3.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 76,986 shares of the exchange traded fund’s stock worth $3,110,000 after acquiring an additional 2,575 shares in the last quarter.

iShares MSCI France ETF Company Profile

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.