Lido Advisors LLC Buys 268,761 Shares of iShares MSCI Australia ETF $EWA

Lido Advisors LLC raised its stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 166.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 430,674 shares of the exchange traded fund’s stock after purchasing an additional 268,761 shares during the period. Lido Advisors LLC owned 0.93% of iShares MSCI Australia ETF worth $11,956,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Johnson Financial Group Inc. bought a new position in shares of iShares MSCI Australia ETF during the 3rd quarter valued at approximately $32,000. Tower Research Capital LLC TRC boosted its stake in iShares MSCI Australia ETF by 10,333.3% during the second quarter. Tower Research Capital LLC TRC now owns 1,565 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 1,550 shares during the period. Jones Financial Companies Lllp bought a new position in iShares MSCI Australia ETF during the first quarter valued at $42,000. Nalls Sherbakoff Group LLC bought a new position in iShares MSCI Australia ETF during the fourth quarter valued at $47,000. Finally, Laurel Wealth Advisors LLC bought a new position in iShares MSCI Australia ETF during the fourth quarter valued at $72,000. Hedge funds and other institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Trading Down 1.3%

Shares of EWA opened at $28.49 on Friday. The company’s fifty day simple moving average is $28.56 and its 200-day simple moving average is $28.53. The company has a market cap of $1.33 billion, a P/E ratio of 19.89 and a beta of 0.97. iShares MSCI Australia ETF has a twelve month low of $24.94 and a twelve month 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.