Wellington Management Group LLP Has $1.34 Million Stock Position in iShares MSCI Australia ETF $EWA

Wellington Management Group LLP lessened its position in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 30.2% in the second quarter, according to its most recent filing with the SEC. The firm owned 47,739 shares of the exchange traded fund’s stock after selling 20,695 shares during the quarter. Wellington Management Group LLP owned approximately 0.10% of iShares MSCI Australia ETF worth $1,344,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Comerica Bank boosted its stake in shares of iShares MSCI Australia ETF by 21.7% in the 1st quarter. Comerica Bank now owns 3,627 shares of the exchange traded fund’s stock valued at $85,000 after purchasing an additional 646 shares during the last quarter. Jones Financial Companies Lllp acquired a new stake in iShares MSCI Australia ETF during the 1st quarter worth about $42,000. Cresset Asset Management LLC bought a new position in shares of iShares MSCI Australia ETF in the 2nd quarter worth about $221,000. NewEdge Advisors LLC bought a new position in shares of iShares MSCI Australia ETF in the 2nd quarter worth about $496,000. Finally, Squarepoint Ops LLC acquired a new position in shares of iShares MSCI Australia ETF in the 2nd quarter valued at about $1,629,000. Institutional investors and hedge funds own 59.69% of the company’s stock.

iShares MSCI Australia ETF Price Performance

Shares of NYSEARCA:EWA opened at $29.27 on Friday. iShares MSCI Australia ETF has a 1 year low of $24.94 and a 1 year high of $30.48. The business’s 50-day moving average is $29.44 and its 200-day moving average is $29.04. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 19.89 and a beta of 0.97.

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). 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.