Wealth Enhancement Advisory Services LLC Invests $435,000 in iShares MSCI Australia ETF (NYSEARCA:EWA)

Wealth Enhancement Advisory Services LLC acquired a new position in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 18,546 shares of the exchange traded fund’s stock, valued at approximately $435,000.

A number of other hedge funds also recently made changes to their positions in EWA. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI Australia ETF during the 4th quarter worth $594,000. Amundi lifted its holdings in shares of iShares MSCI Australia ETF by 2.2% during the 4th quarter. Amundi now owns 109,900 shares of the exchange traded fund’s stock worth $2,677,000 after acquiring an additional 2,400 shares during the last quarter. Palisades Hudson Asset Management L.P. lifted its holdings in shares of iShares MSCI Australia ETF by 5.7% during the 4th quarter. Palisades Hudson Asset Management L.P. now owns 188,350 shares of the exchange traded fund’s stock worth $4,494,000 after acquiring an additional 10,227 shares during the last quarter. Wealthfront Advisers LLC bought a new stake in shares of iShares MSCI Australia ETF during the 4th quarter worth $2,961,000. Finally, Idaho Trust Bank lifted its holdings in shares of iShares MSCI Australia ETF by 15.4% during the 4th quarter. Idaho Trust Bank now owns 51,817 shares of the exchange traded fund’s stock worth $1,236,000 after acquiring an additional 6,932 shares during the last quarter. 59.69% of the stock is owned by institutional investors.

iShares MSCI Australia ETF Stock Performance

NYSEARCA EWA opened at $26.48 on Monday. iShares MSCI Australia ETF has a 52-week low of $20.51 and a 52-week high of $27.23. The company has a market capitalization of $1.61 billion, a P/E ratio of 19.89 and a beta of 1.01. The company has a fifty day moving average of $25.74 and a 200-day moving average of $24.60.

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).