iShares MSCI Australia ETF (NYSEARCA:EWA) Shares Sold by Rice Partnership LLC

Rice Partnership LLC reduced its stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 21.8% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 242,007 shares of the exchange traded fund’s stock after selling 67,481 shares during the period. iShares MSCI Australia ETF makes up approximately 1.3% of Rice Partnership LLC’s portfolio, making the stock its 23rd biggest holding. Rice Partnership LLC’s holdings in iShares MSCI Australia ETF were worth $5,912,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Allianz Asset Management GmbH increased its holdings in shares of iShares MSCI Australia ETF by 70.6% during the 4th quarter. Allianz Asset Management GmbH now owns 1,467,088 shares of the exchange traded fund’s stock valued at $35,709,000 after purchasing an additional 607,275 shares in the last quarter. OLD Mission Capital LLC increased its holdings in iShares MSCI Australia ETF by 827.6% in the first quarter. OLD Mission Capital LLC now owns 603,780 shares of the exchange traded fund’s stock valued at $14,889,000 after buying an additional 538,688 shares in the last quarter. Hsbc Holdings PLC raised its position in shares of iShares MSCI Australia ETF by 224.3% in the fourth quarter. Hsbc Holdings PLC now owns 313,122 shares of the exchange traded fund’s stock worth $7,621,000 after acquiring an additional 216,560 shares during the period. Connectus Wealth LLC purchased a new stake in shares of iShares MSCI Australia ETF during the 4th quarter worth about $5,017,000. Finally, Mount Lucas Management LP acquired a new stake in shares of iShares MSCI Australia ETF during the 4th quarter valued at about $3,330,000. Hedge funds and other institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Stock Performance

NYSEARCA EWA traded down $0.18 during trading hours on Monday, reaching $25.87. The company’s stock had a trading volume of 1,301,800 shares, compared to its average volume of 2,111,884. The company’s 50-day moving average is $24.84 and its two-hundred day moving average is $24.48. iShares MSCI Australia ETF has a 1-year low of $20.46 and a 1-year high of $26.15.

iShares MSCI Australia ETF Company 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).