DAVENPORT & Co LLC Invests $1.15 Million in iShares MSCI Italy ETF $EWI

DAVENPORT & Co LLC acquired a new stake in shares of iShares MSCI Italy ETF (NYSEARCA:EWI) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 22,050 shares of the exchange traded fund’s stock, valued at approximately $1,145,000. DAVENPORT & Co LLC owned approximately 0.16% of iShares MSCI Italy ETF at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. ABC Arbitrage SA bought a new position in iShares MSCI Italy ETF in the second quarter valued at approximately $1,784,000. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares MSCI Italy ETF during the first quarter worth $42,390,000. Wellington Management Group LLP acquired a new stake in shares of iShares MSCI Italy ETF during the first quarter worth $208,000. VestGen Advisors LLC bought a new stake in iShares MSCI Italy ETF in the 2nd quarter valued at $2,393,000. Finally, Prostatis Group LLC acquired a new position in iShares MSCI Italy ETF in the 2nd quarter worth $3,087,000. 37.96% of the stock is owned by institutional investors.

iShares MSCI Italy ETF Price Performance

EWI opened at $54.62 on Monday. The company has a market capitalization of $655.44 million, a price-to-earnings ratio of 12.30 and a beta of 1.01. The business’s 50-day moving average price is $52.72 and its two-hundred day moving average price is $50.87. iShares MSCI Italy ETF has a 1 year low of $35.49 and a 1 year high of $54.68.

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. The Underlying Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight and all issuers with weight above 5% do not exceed 50% of the Underlying Index weight.