B. Riley Wealth Advisors Inc. Acquires Shares of 18,578 iShares MSCI Australia ETF $EWA

B. Riley Wealth Advisors Inc. acquired a new position in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 18,578 shares of the exchange traded fund’s stock, valued at approximately $502,000.

Several other institutional investors and hedge funds have also made changes to their positions in EWA. Comerica Bank boosted its position in shares of iShares MSCI Australia ETF by 21.7% in the 1st quarter. Comerica Bank now owns 3,627 shares of the exchange traded fund’s stock valued at $85,000 after purchasing an additional 646 shares during the period. Jones Financial Companies Lllp purchased a new stake in iShares MSCI Australia ETF in the first quarter valued at approximately $42,000. BOCHK Asset Management Ltd acquired a new stake in shares of iShares MSCI Australia ETF in the second quarter valued at approximately $211,000. Mirae Asset Global Investments Co. Ltd. grew its position in shares of iShares MSCI Australia ETF by 10.1% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 312,532 shares of the exchange traded fund’s stock worth $8,226,000 after acquiring an additional 28,762 shares during the last quarter. Finally, Spectrum Asset Management Inc. NB CA acquired a new position in shares of iShares MSCI Australia ETF in the 2nd quarter valued at $1,808,000. 59.69% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Australia ETF Price Performance

EWA stock opened at $28.17 on Thursday. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 19.89 and a beta of 1.04. The company has a fifty day moving average price of $26.37 and a 200 day moving average price of $26.62. iShares MSCI Australia ETF has a 12 month low of $20.50 and a 12 month high of $28.27.

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). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Index seeks to measure the performance of the Australian equity market.