Allspring Global Investments Holdings LLC lessened its stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA – Free Report) by 20.7% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,011,712 shares of the exchange traded fund’s stock after selling 525,578 shares during the period. Allspring Global Investments Holdings LLC owned about 4.34% of iShares MSCI Australia ETF worth $55,845,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of EWA. WJ Financial Advisors LLC raised its holdings in shares of iShares MSCI Australia ETF by 10.6% in the 1st quarter. WJ Financial Advisors LLC now owns 16,335 shares of the exchange traded fund’s stock valued at $453,000 after purchasing an additional 1,565 shares during the period. Innealta Capital LLC acquired a new position in iShares MSCI Australia ETF during the first quarter worth approximately $310,000. Fifth Third Bancorp bought a new stake in iShares MSCI Australia ETF in the first quarter valued at approximately $105,000. Stephens Inc. AR bought a new stake in iShares MSCI Australia ETF in the first quarter valued at approximately $211,000. Finally, HB Wealth Management LLC acquired a new stake in shares of iShares MSCI Australia ETF in the first quarter valued at approximately $325,000. 59.69% of the stock is owned by institutional investors and hedge funds.
iShares MSCI Australia ETF Trading Up 0.4%
EWA opened at $28.75 on Friday. iShares MSCI Australia ETF has a 1-year low of $24.94 and a 1-year high of $30.48. The stock’s fifty day simple moving average is $28.61 and its 200 day simple moving average is $28.45. The stock has a market cap of $1.35 billion, a PE ratio of 19.89 and a beta of 0.97.
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.
See Also
- Five stocks we like better than iShares MSCI Australia ETF
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Want to see what other hedge funds are holding EWA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Australia ETF (NYSEARCA:EWA – Free Report).
Receive News & Ratings for iShares MSCI Australia ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Australia ETF and related companies with MarketBeat.com's FREE daily email newsletter.
