Mount Lucas Management LP Takes $3.59 Million Position in iShares MSCI Australia ETF $EWA

Mount Lucas Management LP acquired a new position in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 136,206 shares of the exchange traded fund’s stock, valued at approximately $3,585,000. iShares MSCI Australia ETF comprises about 1.5% of Mount Lucas Management LP’s investment portfolio, making the stock its 9th largest holding. Mount Lucas Management LP owned 0.22% of iShares MSCI Australia ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EWA. TD Asset Management Inc increased its position in iShares MSCI Australia ETF by 2.7% during the first quarter. TD Asset Management Inc now owns 102,554 shares of the exchange traded fund’s stock worth $2,404,000 after buying an additional 2,649 shares in the last quarter. Mackenzie Financial Corp acquired a new stake in shares of iShares MSCI Australia ETF during the first quarter valued at $370,000. Banco Santander S.A. acquired a new position in iShares MSCI Australia ETF in the 1st quarter valued at about $254,000. Palisades Hudson Asset Management L.P. lifted its holdings in iShares MSCI Australia ETF by 2.1% in the 1st quarter. Palisades Hudson Asset Management L.P. now owns 192,351 shares of the exchange traded fund’s stock valued at $4,509,000 after purchasing an additional 4,001 shares in the last quarter. Finally, Acima Private Wealth LLC boosted its stake in shares of iShares MSCI Australia ETF by 3.4% during the 1st quarter. Acima Private Wealth LLC now owns 49,103 shares of the exchange traded fund’s stock worth $1,151,000 after purchasing an additional 1,632 shares during the last quarter. Hedge funds and other institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Price Performance

NYSEARCA:EWA opened at $25.95 on Monday. The firm has a market cap of $1.41 billion, a PE ratio of 19.89 and a beta of 1.04. The firm has a 50 day simple moving average of $26.92 and a 200-day simple moving average of $26.45. iShares MSCI Australia ETF has a 1-year low of $20.50 and a 1-year high of $27.57.

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).