ABC Arbitrage SA Makes New Investment in iShares MSCI Italy ETF $EWI

ABC Arbitrage SA purchased a new position in shares of iShares MSCI Italy ETF (NYSEARCA:EWI) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 37,054 shares of the exchange traded fund’s stock, valued at approximately $1,784,000. ABC Arbitrage SA owned approximately 0.25% of iShares MSCI Italy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently modified their holdings of the company. Monument Capital Management grew its position in iShares MSCI Italy ETF by 0.7% during the 2nd quarter. Monument Capital Management now owns 77,139 shares of the exchange traded fund’s stock worth $3,713,000 after acquiring an additional 573 shares during the last quarter. NorthRock Partners LLC acquired a new stake in shares of iShares MSCI Italy ETF during the first quarter valued at about $25,000. Legacy Capital Group California Inc. grew its holdings in shares of iShares MSCI Italy ETF by 2.9% during the first quarter. Legacy Capital Group California Inc. now owns 23,987 shares of the exchange traded fund’s stock worth $1,015,000 after purchasing an additional 679 shares during the last quarter. Simplex Trading LLC increased its stake in shares of iShares MSCI Italy ETF by 4,076.5% in the first quarter. Simplex Trading LLC now owns 710 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 693 shares during the period. Finally, NewEdge Advisors LLC increased its stake in shares of iShares MSCI Italy ETF by 1,596.5% in the first quarter. NewEdge Advisors LLC now owns 967 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 910 shares during the period. Institutional investors and hedge funds own 37.96% of the company’s stock.

iShares MSCI Italy ETF Price Performance

Shares of NYSEARCA EWI opened at $54.12 on Thursday. The company has a 50 day simple moving average of $51.60 and a 200 day simple moving average of $49.39. iShares MSCI Italy ETF has a 1 year low of $35.20 and a 1 year high of $54.24. The firm has a market cap of $649.44 million, a PE ratio of 12.30 and a beta of 1.01.

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.