Arlington Capital Management Inc. Increases Position in iShares MSCI Austria ETF $EWO

Arlington Capital Management Inc. raised its position in shares of iShares MSCI Austria ETF (NYSEARCA:EWO) by 54.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 153,235 shares of the company’s stock after purchasing an additional 54,131 shares during the quarter. iShares MSCI Austria ETF comprises 3.3% of Arlington Capital Management Inc.’s portfolio, making the stock its 6th largest holding. Arlington Capital Management Inc. owned about 4.51% of iShares MSCI Austria ETF worth $5,435,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. CoreCap Advisors LLC lifted its holdings in shares of iShares MSCI Austria ETF by 25.0% in the third quarter. CoreCap Advisors LLC now owns 147,775 shares of the company’s stock valued at $4,580,000 after buying an additional 29,537 shares during the period. EWG Elevate Inc. bought a new stake in iShares MSCI Austria ETF in the third quarter worth about $1,113,000. Scotia Capital Inc. bought a new stake in iShares MSCI Austria ETF in the second quarter worth about $560,000. Farther Finance Advisors LLC acquired a new stake in iShares MSCI Austria ETF in the 3rd quarter valued at about $2,099,000. Finally, Financial & Tax Architects LLC acquired a new stake in iShares MSCI Austria ETF in the 2nd quarter valued at about $1,323,000.

iShares MSCI Austria ETF Trading Down 0.3%

NYSEARCA:EWO opened at $34.79 on Friday. The company has a 50-day moving average of $37.10 and a 200-day moving average of $33.95. The firm has a market cap of $133.94 million, a price-to-earnings ratio of 11.04 and a beta of 0.93. iShares MSCI Austria ETF has a twelve month low of $22.01 and a twelve month high of $39.40.

About iShares MSCI Austria ETF

iShares MSCI Austria Capped ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the MSCI Austria IMI 25/50 Index (the Underlying Index). The Underlying Index consists of stocks traded on the Vienna 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.