Y Intercept Hong Kong Ltd Takes $496,000 Position in iShares MSCI Australia ETF $EWA

Y Intercept Hong Kong Ltd purchased a new position in iShares MSCI Australia ETF (NYSEARCA:EWA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 18,370 shares of the exchange traded fund’s stock, valued at approximately $496,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC increased its position in iShares MSCI Australia ETF by 2.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 2,538,390 shares of the exchange traded fund’s stock worth $68,537,000 after buying an additional 55,900 shares during the period. Cadinha & Co. LLC bought a new position in shares of iShares MSCI Australia ETF during the third quarter worth about $25,349,000. Vontobel Holding Ltd. increased its holdings in shares of iShares MSCI Australia ETF by 4.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 914,130 shares of the exchange traded fund’s stock worth $24,682,000 after acquiring an additional 41,274 shares during the period. Raymond James Financial Inc. increased its holdings in shares of iShares MSCI Australia ETF by 3,134.0% in the 2nd quarter. Raymond James Financial Inc. now owns 778,558 shares of the exchange traded fund’s stock worth $20,492,000 after acquiring an additional 754,484 shares during the period. Finally, Polianta Ltd bought a new stake in iShares MSCI Australia ETF in the 3rd quarter valued at about $13,332,000. Institutional investors and hedge funds own 59.69% of the company’s stock.

iShares MSCI Australia ETF Stock Up 0.6%

iShares MSCI Australia ETF stock opened at $28.12 on Wednesday. iShares MSCI Australia ETF has a 52-week low of $20.50 and a 52-week high of $28.65. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 19.89 and a beta of 1.04. The firm has a 50-day moving average price of $26.59 and a two-hundred day moving average price of $26.67.

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.