Bank of New York Mellon Corp purchased a new stake in iShares MSCI Australia ETF (NYSEARCA:EWA – Free Report) in the third quarter, Holdings Channel reports. The firm purchased 265,545 shares of the exchange traded fund’s stock, valued at approximately $5,712,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James & Associates acquired a new stake in iShares MSCI Australia ETF in the first quarter worth approximately $812,000. US Bancorp DE acquired a new stake in shares of iShares MSCI Australia ETF in the first quarter valued at $38,000. Cambridge Investment Research Advisors Inc. boosted its stake in iShares MSCI Australia ETF by 12.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 20,771 shares of the exchange traded fund’s stock valued at $549,000 after buying an additional 2,219 shares in the last quarter. HighTower Advisors LLC acquired a new position in iShares MSCI Australia ETF during the first quarter worth about $1,032,000. Finally, Citigroup Inc. raised its position in iShares MSCI Australia ETF by 25.7% in the first quarter. Citigroup Inc. now owns 15,008 shares of the exchange traded fund’s stock worth $397,000 after acquiring an additional 3,067 shares in the last quarter. 59.24% of the stock is owned by institutional investors and hedge funds.
iShares MSCI Australia ETF Price Performance
Shares of NYSEARCA EWA opened at $23.80 on Wednesday. The firm has a 50-day moving average of $23.45 and a two-hundred day moving average of $22.42. iShares MSCI Australia ETF has a twelve month low of $20.46 and a twelve month high of $25.22.
iShares MSCI Australia ETF Profile
iShares MSCI Australia ETF (the Fund), formerly iShares MSCI Australia Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, of publicly traded securities in the Australian market, as represented by the MSCI Australia Index (the Index).
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