Promus Capital LLC Purchases Shares of 16,337 iShares MSCI Australia ETF (NYSEARCA:EWA)

Promus Capital LLC purchased a new stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) in the fourth quarter, Holdings Channel reports. The firm purchased 16,337 shares of the exchange traded fund’s stock, valued at approximately $390,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of EWA. The Manufacturers Life Insurance Company bought a new stake in iShares MSCI Australia ETF during the 3rd quarter valued at $52,988,000. Jane Street Group LLC increased its stake in iShares MSCI Australia ETF by 420.2% during the 3rd quarter. Jane Street Group LLC now owns 1,508,451 shares of the exchange traded fund’s stock valued at $40,894,000 after purchasing an additional 1,218,500 shares in the last quarter. Polianta Ltd bought a new stake in iShares MSCI Australia ETF during the 4th quarter valued at $14,595,000. Gunma Bank Ltd. bought a new stake in iShares MSCI Australia ETF during the 4th quarter valued at $6,204,000. Finally, Arizona PSPRS Trust bought a new stake in iShares MSCI Australia ETF during the 3rd quarter valued at $3,863,000. Institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Trading Up 2.0 %

Shares of EWA stock opened at $24.41 on Thursday. The firm has a market capitalization of $1.36 billion, a PE ratio of 20.74 and a beta of 1.14. The firm has a fifty day simple moving average of $24.55 and a two-hundred day simple moving average of $25.41. iShares MSCI Australia ETF has a 12 month low of $22.95 and a 12 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).