iShares MSCI Australia ETF (NYSEARCA:EWA) Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. decreased its holdings in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 10.1% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 8,872 shares of the exchange traded fund’s stock after selling 1,002 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in iShares MSCI Australia ETF were worth $208,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of EWA. Cetera Investment Advisers acquired a new stake in iShares MSCI Australia ETF during the 4th quarter worth about $743,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of iShares MSCI Australia ETF in the first quarter worth about $435,000. D. E. Shaw & Co. Inc. purchased a new position in shares of iShares MSCI Australia ETF in the fourth quarter worth about $956,000. SG Americas Securities LLC lifted its holdings in shares of iShares MSCI Australia ETF by 6.9% during the first quarter. SG Americas Securities LLC now owns 14,519 shares of the exchange traded fund’s stock worth $340,000 after purchasing an additional 931 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in iShares MSCI Australia ETF in the fourth quarter valued at approximately $594,000. Institutional investors and hedge funds own 59.69% of the company’s stock.

iShares MSCI Australia ETF Stock Performance

NYSEARCA:EWA opened at $26.39 on Tuesday. The firm’s fifty day moving average is $25.89 and its two-hundred day moving average is $24.68. The firm has a market cap of $1.60 billion, a price-to-earnings ratio of 19.89 and a beta of 1.01. iShares MSCI Australia ETF has a one year low of $20.51 and a one year high of $27.23.

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).