Cibc World Market Inc. Invests $547,000 in iShares MSCI Australia ETF $EWA

Cibc World Market Inc. purchased a new stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 20,274 shares of the exchange traded fund’s stock, valued at approximately $547,000.

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

iShares MSCI Australia ETF Trading Down 0.0%

Shares of NYSEARCA EWA opened at $29.31 on Thursday. The firm has a market cap of $1.35 billion, a P/E ratio of 19.89 and a beta of 1.04. The business’s 50 day moving average is $27.19 and its 200-day moving average is $26.86. iShares MSCI Australia ETF has a 1-year low of $20.50 and a 1-year high of $29.58.

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.