Slocum Gordon & Co LLP Increases Position in iShares MSCI Australia ETF $EWA

Slocum Gordon & Co LLP raised its holdings in iShares MSCI Australia ETF (NYSEARCA:EWA) by 119.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 107,438 shares of the exchange traded fund’s stock after acquiring an additional 58,547 shares during the period. iShares MSCI Australia ETF makes up approximately 2.3% of Slocum Gordon & Co LLP’s investment portfolio, making the stock its 14th largest position. Slocum Gordon & Co LLP owned about 0.20% of iShares MSCI Australia ETF worth $2,901,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. TD Waterhouse Canada Inc. lifted its position in iShares MSCI Australia ETF by 6.8% during the second quarter. TD Waterhouse Canada Inc. now owns 109,543 shares of the exchange traded fund’s stock worth $2,884,000 after buying an additional 6,989 shares in the last quarter. Fisher Asset Management LLC acquired a new stake in shares of iShares MSCI Australia ETF in the 2nd quarter worth $3,409,000. Lido Advisors LLC purchased a new position in shares of iShares MSCI Australia ETF during the 2nd quarter worth $1,975,000. Private Trust Co. NA boosted its position in shares of iShares MSCI Australia ETF by 5,842.9% during the 2nd quarter. Private Trust Co. NA now owns 2,912 shares of the exchange traded fund’s stock valued at $77,000 after acquiring an additional 2,863 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in iShares MSCI Australia ETF by 697.8% during the second quarter. Cetera Investment Advisers now owns 77,152 shares of the exchange traded fund’s stock worth $2,031,000 after purchasing an additional 67,481 shares during the period. 59.69% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Australia ETF Stock Performance

EWA opened at $26.68 on Monday. The stock has a market capitalization of $1.45 billion, a PE ratio of 19.89 and a beta of 1.04. iShares MSCI Australia ETF has a one year low of $20.50 and a one year high of $27.57. The business’s 50 day moving average price is $26.32 and its 200 day moving average price is $26.53.

iShares MSCI Australia ETF 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.