ABC Arbitrage SA Buys New Position in iShares MSCI Australia ETF (NYSEARCA:EWA)

ABC Arbitrage SA bought a new stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 114,364 shares of the exchange traded fund’s stock, valued at approximately $2,729,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EWA. Wilmington Savings Fund Society FSB purchased a new stake in iShares MSCI Australia ETF in the third quarter worth $34,000. Angeles Wealth Management LLC purchased a new stake in iShares MSCI Australia ETF in the third quarter worth $108,000. Rosenberg Matthew Hamilton grew its stake in iShares MSCI Australia ETF by 16.3% in the third quarter. Rosenberg Matthew Hamilton now owns 4,651 shares of the exchange traded fund’s stock worth $126,000 after purchasing an additional 651 shares during the period. Modera Wealth Management LLC purchased a new stake in iShares MSCI Australia ETF in the third quarter worth $219,000. Finally, Lunt Capital Management Inc. purchased a new stake in iShares MSCI Australia ETF in the third quarter worth $219,000. Institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Stock Down 0.7 %

Shares of EWA stock opened at $25.47 on Friday. The business’s fifty day moving average is $24.60 and its 200 day moving average is $25.38. iShares MSCI Australia ETF has a twelve month low of $22.95 and a twelve month high of $27.23.

iShares MSCI Australia ETF Company Profile

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).