Cresset Asset Management LLC Trims Stock Position in iShares MSCI Italy ETF $EWI

Cresset Asset Management LLC trimmed its position in iShares MSCI Italy ETF (NYSEARCA:EWI) by 30.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,923 shares of the exchange traded fund’s stock after selling 4,400 shares during the quarter. Cresset Asset Management LLC owned 0.12% of iShares MSCI Italy ETF worth $420,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Oppenheimer & Co. Inc. purchased a new position in shares of iShares MSCI Italy ETF in the 1st quarter worth about $292,000. XTX Topco Ltd purchased a new position in shares of iShares MSCI Italy ETF in the 1st quarter worth about $222,000. Nilsine Partners LLC raised its holdings in shares of iShares MSCI Italy ETF by 5.1% in the 1st quarter. Nilsine Partners LLC now owns 64,972 shares of the exchange traded fund’s stock worth $2,750,000 after purchasing an additional 3,177 shares during the period. Monument Capital Management purchased a new position in shares of iShares MSCI Italy ETF in the 1st quarter worth about $3,240,000. Finally, Wealthstar Advisors LLC purchased a new position in shares of iShares MSCI Italy ETF in the 1st quarter worth about $231,000. 37.96% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Italy ETF Price Performance

iShares MSCI Italy ETF stock opened at $52.34 on Monday. The stock’s 50-day moving average is $48.79 and its 200-day moving average is $45.30. The company has a market cap of $769.40 million, a price-to-earnings ratio of 12.30 and a beta of 1.03. iShares MSCI Italy ETF has a 12 month low of $35.20 and a 12 month high of $52.56.

iShares MSCI Italy ETF Profile

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.