Fisher Asset Management LLC Buys 36,393 Shares of iShares MSCI Australia ETF $EWA

Fisher Asset Management LLC increased its stake in iShares MSCI Australia ETF (NYSEARCA:EWA) by 6.4% in the fourth quarter, HoldingsChannel reports. The fund owned 606,997 shares of the exchange traded fund’s stock after purchasing an additional 36,393 shares during the period. Fisher Asset Management LLC’s holdings in iShares MSCI Australia ETF were worth $15,897,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Johnson Financial Group Inc. bought a new position in iShares MSCI Australia ETF during the 3rd quarter valued at approximately $32,000. Tower Research Capital LLC TRC raised its position in iShares MSCI Australia ETF by 10,333.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,565 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 1,550 shares during the last quarter. Jones Financial Companies Lllp bought a new position in iShares MSCI Australia ETF during the 1st quarter valued at approximately $42,000. Laurel Wealth Advisors LLC bought a new position in iShares MSCI Australia ETF during the 4th quarter valued at approximately $72,000. Finally, Fifth Third Bancorp bought a new position in iShares MSCI Australia ETF during the 3rd quarter valued at approximately $75,000. Institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Price Performance

EWA opened at $28.93 on Thursday. The business has a 50 day simple moving average of $28.89 and a two-hundred day simple moving average of $27.84. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 19.89 and a beta of 0.98. iShares MSCI Australia ETF has a one year low of $24.94 and a one year high of $30.48.

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.