HighTower Advisors LLC Sells 32,570 Shares of iShares MSCI Australia ETF $EWA

HighTower Advisors LLC trimmed its position in iShares MSCI Australia ETF (NYSEARCA:EWA) by 11.4% in the 4th quarter, Holdings Channel reports. The firm owned 253,460 shares of the exchange traded fund’s stock after selling 32,570 shares during the quarter. HighTower Advisors LLC’s holdings in iShares MSCI Australia ETF were worth $6,638,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Independent Wealth Network Inc. boosted its holdings in iShares MSCI Australia ETF by 1.7% in the 4th quarter. Independent Wealth Network Inc. now owns 29,400 shares of the exchange traded fund’s stock valued at $770,000 after purchasing an additional 496 shares during the period. Acima Private Wealth LLC raised its position in shares of iShares MSCI Australia ETF by 1.1% during the 3rd quarter. Acima Private Wealth LLC now owns 48,773 shares of the exchange traded fund’s stock valued at $1,317,000 after buying an additional 528 shares in the last quarter. Comerica Bank raised its position in shares of iShares MSCI Australia ETF by 21.7% during the 1st quarter. Comerica Bank now owns 3,627 shares of the exchange traded fund’s stock valued at $85,000 after buying an additional 646 shares in the last quarter. Quantinno Capital Management LP raised its position in shares of iShares MSCI Australia ETF by 2.9% during the 2nd quarter. Quantinno Capital Management LP now owns 23,666 shares of the exchange traded fund’s stock valued at $623,000 after buying an additional 656 shares in the last quarter. Finally, Choreo LLC raised its position in shares of iShares MSCI Australia ETF by 3.8% during the 3rd quarter. Choreo LLC now owns 20,688 shares of the exchange traded fund’s stock valued at $559,000 after buying an additional 751 shares in the last quarter. 59.69% of the stock is owned by institutional investors.

iShares MSCI Australia ETF Stock Performance

iShares MSCI Australia ETF stock opened at $28.93 on Thursday. The firm’s fifty day moving average price is $28.89 and its 200-day moving average price is $27.84. The stock has a market cap of $1.34 billion, a P/E ratio of 19.89 and a beta of 0.98. iShares MSCI Australia ETF has a fifty-two week low of $24.94 and a fifty-two week high of $30.48.

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). 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.