iShares MSCI Australia ETF $EWA Shares Acquired by Copia Wealth Management

Copia Wealth Management increased its stake in iShares MSCI Australia ETF (NYSEARCA:EWA) by 16.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,835 shares of the exchange traded fund’s stock after acquiring an additional 1,566 shares during the quarter. Copia Wealth Management’s holdings in iShares MSCI Australia ETF were worth $285,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of EWA. Trifecta Capital Advisors LLC purchased a new position in shares of iShares MSCI Australia ETF during the first quarter valued at $35,000. Jones Financial Companies Lllp purchased a new position in shares of iShares MSCI Australia ETF during the first quarter valued at $42,000. Comerica Bank grew its holdings in shares of iShares MSCI Australia ETF by 21.7% during the first 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. Lunt Capital Management Inc. purchased a new position in shares of iShares MSCI Australia ETF during the second quarter valued at $201,000. Finally, BOCHK Asset Management Ltd purchased a new position in shares of iShares MSCI Australia ETF during the second quarter valued at $211,000. Hedge funds and other institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Trading Up 0.2%

Shares of EWA stock opened at $26.70 on Wednesday. iShares MSCI Australia ETF has a 1-year low of $20.50 and a 1-year high of $27.57. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 19.89 and a beta of 1.01. The stock’s fifty day simple moving average is $26.93 and its 200-day simple moving average is $25.83.

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).