iShares MSCI Italy ETF (NYSEARCA:EWI) Shares Sold by LPL Financial LLC

LPL Financial LLC reduced its stake in iShares MSCI Italy ETF (NYSEARCA:EWI) by 0.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 348,660 shares of the exchange traded fund’s stock after selling 1,814 shares during the period. LPL Financial LLC owned 4.34% of iShares MSCI Italy ETF worth $14,755,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of EWI. Trek Financial LLC acquired a new position in shares of iShares MSCI Italy ETF during the first quarter worth approximately $5,294,000. BNP Paribas Financial Markets boosted its position in shares of iShares MSCI Italy ETF by 487.1% during the fourth quarter. BNP Paribas Financial Markets now owns 112,111 shares of the exchange traded fund’s stock worth $4,033,000 after buying an additional 93,016 shares during the period. Monument Capital Management bought a new stake in iShares MSCI Italy ETF during the first quarter worth approximately $3,240,000. GTS Securities LLC bought a new stake in iShares MSCI Italy ETF during the fourth quarter worth approximately $2,183,000. Finally, Adams Wealth Management raised its holdings in iShares MSCI Italy ETF by 21.0% during the fourth quarter. Adams Wealth Management now owns 270,429 shares of the exchange traded fund’s stock worth $9,727,000 after purchasing an additional 47,002 shares in the last quarter. 37.96% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Italy ETF Price Performance

Shares of NYSEARCA:EWI opened at $49.52 on Thursday. iShares MSCI Italy ETF has a 12 month low of $35.14 and a 12 month high of $49.88. The stock has a market cap of $727.94 million, a price-to-earnings ratio of 12.30 and a beta of 1.03. The stock’s 50 day moving average price is $48.01 and its 200 day moving average price is $44.17.

About iShares MSCI Italy ETF

iShares MSCI Italy Capped ETF, formerly iShares MSCI Italy Capped Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Italy 25/50 Index (Index). The Index consists of stocks traded primarily on the Milan Stock Exchange.