Banco Bilbao Vizcaya Argentaria S.A. Sells 622,814 Shares of iShares MSCI Italy ETF $EWI

Banco Bilbao Vizcaya Argentaria S.A. trimmed its stake in shares of iShares MSCI Italy ETF (NYSEARCA:EWI) by 65.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 335,763 shares of the exchange traded fund’s stock after selling 622,814 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. owned approximately 2.80% of iShares MSCI Italy ETF worth $17,427,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EWI. Schroder Investment Management Group purchased a new stake in iShares MSCI Italy ETF in the second quarter worth approximately $18,905,000. Principal Financial Group Inc. purchased a new stake in iShares MSCI Italy ETF during the 3rd quarter valued at $10,240,000. Ameriprise Financial Inc. lifted its holdings in shares of iShares MSCI Italy ETF by 24.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 710,888 shares of the exchange traded fund’s stock valued at $34,227,000 after buying an additional 139,088 shares during the period. Ocean Park Asset Management LLC bought a new position in shares of iShares MSCI Italy ETF during the 3rd quarter valued at $7,027,000. Finally, Thrivent Financial for Lutherans purchased a new position in shares of iShares MSCI Italy ETF in the 3rd quarter worth $6,724,000. Institutional investors own 37.96% of the company’s stock.

iShares MSCI Italy ETF Price Performance

Shares of EWI opened at $52.08 on Monday. The firm has a market capitalization of $671.83 million, a P/E ratio of 12.30 and a beta of 1.01. iShares MSCI Italy ETF has a one year low of $36.20 and a one year high of $57.94. The business has a fifty day moving average of $55.48 and a 200 day moving average of $53.39.

About iShares MSCI Italy ETF

iShares MSCI Italy Capped ETF, formerly iShares MSCI Italy Capped Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Italy 25/50 Index (Index). The Index consists of stocks traded primarily on the Milan 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.