Mutual Advisors LLC Cuts Stake in iShares MSCI Australia ETF $EWA

Mutual Advisors LLC lowered its stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 77.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,095 shares of the exchange traded fund’s stock after selling 34,059 shares during the period. Mutual Advisors LLC’s holdings in iShares MSCI Australia ETF were worth $274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tower Research Capital LLC TRC grew its stake in iShares MSCI Australia ETF by 10,333.3% during the second quarter. Tower Research Capital LLC TRC now owns 1,565 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 1,550 shares in the last quarter. Jones Financial Companies Lllp bought a new position in shares of iShares MSCI Australia ETF during the 1st quarter valued at about $42,000. Simplex Trading LLC purchased a new position in shares of iShares MSCI Australia ETF during the second quarter valued at about $71,000. Private Trust Co. NA increased its holdings in shares of iShares MSCI Australia ETF by 5,842.9% in the second quarter. Private Trust Co. NA now owns 2,912 shares of the exchange traded fund’s stock worth $77,000 after purchasing an additional 2,863 shares during the last quarter. Finally, Comerica Bank increased its holdings in shares of iShares MSCI Australia ETF by 21.7% in the first quarter. Comerica Bank now owns 3,627 shares of the exchange traded fund’s stock worth $85,000 after purchasing an additional 646 shares during the last quarter. Institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Trading Up 1.4%

Shares of iShares MSCI Australia ETF stock opened at $28.23 on Monday. The firm has a market cap of $1.30 billion, a PE ratio of 19.89 and a beta of 1.04. The stock has a 50 day moving average of $26.73 and a 200 day moving average of $26.70. iShares MSCI Australia ETF has a 12 month low of $20.50 and a 12 month high of $28.65.

About iShares MSCI Australia ETF

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.