Citigroup Inc. Raises Stock Holdings in iShares MSCI Australia ETF $EWA

Citigroup Inc. boosted its stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 77.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,826 shares of the exchange traded fund’s stock after buying an additional 32,212 shares during the quarter. Citigroup Inc. owned 0.14% of iShares MSCI Australia ETF worth $1,993,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Allspring Global Investments Holdings LLC raised its stake in shares of iShares MSCI Australia ETF by 2.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,538,390 shares of the exchange traded fund’s stock valued at $68,537,000 after acquiring an additional 55,900 shares during the period. Cadinha & Co. LLC purchased a new position in shares of iShares MSCI Australia ETF during the 3rd quarter worth approximately $25,349,000. Vontobel Holding Ltd. boosted its position in shares of iShares MSCI Australia ETF by 4.7% during the 3rd quarter. Vontobel Holding Ltd. now owns 914,130 shares of the exchange traded fund’s stock worth $24,682,000 after purchasing an additional 41,274 shares during the period. Raymond James Financial Inc. increased its holdings in iShares MSCI Australia ETF by 3,134.0% in the 2nd quarter. Raymond James Financial Inc. now owns 778,558 shares of the exchange traded fund’s stock valued at $20,492,000 after purchasing an additional 754,484 shares during the last quarter. Finally, Polianta Ltd acquired a new stake in iShares MSCI Australia ETF in the 3rd quarter valued at approximately $13,332,000. 59.69% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Australia ETF Stock Down 1.0%

Shares of NYSEARCA EWA opened at $28.33 on Monday. The business’s 50 day moving average is $27.96 and its two-hundred day moving average is $27.10. iShares MSCI Australia ETF has a 52-week low of $20.50 and a 52-week high of $30.24. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 19.89 and a beta of 1.04.

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.