iShares MSCI Australia ETF (NYSEARCA:EWA) Stock Position Reduced by Moneda S.A. Administradora General de Fondos

Moneda S.A. Administradora General de Fondos trimmed its position in iShares MSCI Australia ETF (NYSEARCA:EWA) by 31.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 34,988 shares of the exchange traded fund’s stock after selling 16,220 shares during the period. iShares MSCI Australia ETF makes up about 0.9% of Moneda S.A. Administradora General de Fondos’ holdings, making the stock its 18th largest holding. Moneda S.A. Administradora General de Fondos’ holdings in iShares MSCI Australia ETF were worth $835,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of EWA. Independent Wealth Network Inc. increased its position in iShares MSCI Australia ETF by 2.1% during the fourth quarter. Independent Wealth Network Inc. now owns 25,901 shares of the exchange traded fund’s stock worth $618,000 after acquiring an additional 537 shares during the period. Mount Lucas Management LP increased its position in iShares MSCI Australia ETF by 0.4% during the third quarter. Mount Lucas Management LP now owns 132,087 shares of the exchange traded fund’s stock worth $3,581,000 after acquiring an additional 554 shares during the period. Kingswood Wealth Advisors LLC increased its position in iShares MSCI Australia ETF by 8.3% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 11,375 shares of the exchange traded fund’s stock worth $271,000 after acquiring an additional 875 shares during the period. Rice Partnership LLC increased its position in iShares MSCI Australia ETF by 0.4% during the fourth quarter. Rice Partnership LLC now owns 240,788 shares of the exchange traded fund’s stock worth $5,745,000 after acquiring an additional 897 shares during the period. Finally, Laffer Tengler Investments Inc. increased its position in iShares MSCI Australia ETF by 10.7% during the third quarter. Laffer Tengler Investments Inc. now owns 9,689 shares of the exchange traded fund’s stock worth $263,000 after acquiring an additional 937 shares during the period. 59.69% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Australia ETF Trading Down 0.2 %

Shares of EWA stock opened at $23.95 on Tuesday. The firm has a market capitalization of $1.33 billion, a P/E ratio of 20.74 and a beta of 1.14. The firm’s fifty day simple moving average is $24.56 and its 200 day simple moving average is $25.43. iShares MSCI Australia ETF has a 1 year low of $22.95 and a 1 year 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).