ABC Arbitrage SA Takes Position in iShares MSCI Australia ETF $EWA

ABC Arbitrage SA purchased a new position in iShares MSCI Australia ETF (NYSEARCA:EWA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 65,957 shares of the exchange traded fund’s stock, valued at approximately $1,781,000. ABC Arbitrage SA owned about 0.12% of iShares MSCI Australia ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EWA. Independent Wealth Network Inc. raised its stake in iShares MSCI Australia ETF by 1.6% during the third quarter. Independent Wealth Network Inc. now owns 28,904 shares of the exchange traded fund’s stock valued at $780,000 after buying an additional 462 shares during the last quarter. Gould Asset Management LLC CA increased its holdings in shares of iShares MSCI Australia ETF by 4.5% during the third quarter. Gould Asset Management LLC CA now owns 11,030 shares of the exchange traded fund’s stock valued at $298,000 after acquiring an additional 470 shares in the last quarter. Family Firm Inc. raised its position in shares of iShares MSCI Australia ETF by 4.9% in the 2nd quarter. Family Firm Inc. now owns 13,043 shares of the exchange traded fund’s stock worth $343,000 after purchasing an additional 613 shares during the last quarter. Global Retirement Partners LLC boosted its stake in iShares MSCI Australia ETF by 7.9% in the 3rd quarter. Global Retirement Partners LLC now owns 8,334 shares of the exchange traded fund’s stock worth $225,000 after purchasing an additional 613 shares in the last quarter. Finally, Comerica Bank boosted its stake in 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 worth $85,000 after purchasing an additional 646 shares in the last quarter. Institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Stock Performance

NYSEARCA:EWA opened at $28.64 on Wednesday. The firm has a market cap of $1.32 billion, a P/E ratio of 19.89 and a beta of 1.04. iShares MSCI Australia ETF has a fifty-two week low of $20.50 and a fifty-two week high of $28.88. The firm has a 50-day simple moving average of $26.85 and a two-hundred day simple moving average of $26.73.

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.