Moran Wealth Management LLC Increases Holdings in iShares MSCI Italy ETF $EWI

Moran Wealth Management LLC lifted its stake in shares of iShares MSCI Italy ETF (NYSEARCA:EWI) by 13.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 176,338 shares of the exchange traded fund’s stock after purchasing an additional 20,764 shares during the quarter. Moran Wealth Management LLC’s holdings in iShares MSCI Italy ETF were worth $9,420,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Ameriprise Financial Inc. boosted its stake in iShares MSCI Italy ETF by 24.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 710,888 shares of the exchange traded fund’s stock worth $34,227,000 after purchasing an additional 139,088 shares during the period. TD Waterhouse Canada Inc. bought a new stake in shares of iShares MSCI Italy ETF during the fourth quarter valued at about $6,490,000. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares MSCI Italy ETF by 112,701.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 117,314 shares of the exchange traded fund’s stock valued at $6,374,000 after buying an additional 117,210 shares during the period. UBS Group AG lifted its holdings in shares of iShares MSCI Italy ETF by 45.3% in the fourth quarter. UBS Group AG now owns 289,258 shares of the exchange traded fund’s stock worth $15,715,000 after buying an additional 90,221 shares in the last quarter. Finally, Schroder Investment Management Group lifted its holdings in shares of iShares MSCI Italy ETF by 21.5% in the fourth quarter. Schroder Investment Management Group now owns 499,500 shares of the exchange traded fund’s stock worth $27,268,000 after buying an additional 88,500 shares in the last quarter. Hedge funds and other institutional investors own 37.96% of the company’s stock.

iShares MSCI Italy ETF Stock Performance

EWI stock opened at $60.63 on Friday. The firm has a 50 day moving average of $58.97 and a 200-day moving average of $56.43. iShares MSCI Italy ETF has a 12 month low of $47.32 and a 12 month high of $61.18. The firm has a market capitalization of $814.26 million, a P/E ratio of 12.30 and a beta of 0.87.

iShares MSCI Italy ETF Company Profile

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.