Knollwood Investment Advisory LLC Buys Shares of 17,000 iShares MSCI Italy ETF $EWI

Knollwood Investment Advisory LLC bought a new position in iShares MSCI Italy ETF (NYSEARCA:EWI) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 17,000 shares of the exchange traded fund’s stock, valued at approximately $1,007,000.

Several other large investors also recently made changes to their positions in the company. Pacifica Partners Inc. bought a new stake in shares of iShares MSCI Italy ETF during the second quarter valued at approximately $30,000. Cairn Investment Group Inc. bought a new position in iShares MSCI Italy ETF in the 2nd quarter worth approximately $15,604,000. Contravisory Investment Management Inc. increased its position in iShares MSCI Italy ETF by 2.0% in the 2nd quarter. Contravisory Investment Management Inc. now owns 23,232 shares of the exchange traded fund’s stock valued at $1,376,000 after acquiring an additional 459 shares during the period. Empowered Funds LLC acquired a new stake in iShares MSCI Italy ETF in the 1st quarter valued at approximately $233,000. Finally, CacheTech Inc. raised its stake in iShares MSCI Italy ETF by 2.4% during the 1st quarter. CacheTech Inc. now owns 155,026 shares of the exchange traded fund’s stock valued at $8,281,000 after acquiring an additional 3,668 shares in the last quarter. Institutional investors and hedge funds own 37.96% of the company’s stock.

iShares MSCI Italy ETF Stock Performance

Shares of EWI stock opened at $62.02 on Friday. iShares MSCI Italy ETF has a 1 year low of $50.05 and a 1 year high of $63.76. The firm has a market capitalization of $1.05 billion, a PE ratio of 12.30 and a beta of 0.87. The stock has a fifty day moving average of $61.49 and a two-hundred day moving average of $58.47.

About iShares MSCI Italy ETF

iShares MSCI Italy Capped ETF, formerly iShares MSCI Italy Capped Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Italy 25/50 Index (Index). The Index consists of stocks traded primarily on the Milan Stock Exchange. The Underlying Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight and all issuers with weight above 5% do not exceed 50% of the Underlying Index weight.