Vontobel Holding Ltd. Makes New $29.59 Million Investment in iShares MSCI Australia ETF $EWA

Vontobel Holding Ltd. purchased a new stake in iShares MSCI Australia ETF (NYSEARCA:EWA) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,044,941 shares of the exchange traded fund’s stock, valued at approximately $29,593,000. Vontobel Holding Ltd. owned about 2.50% of iShares MSCI Australia ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EWA. Millburn Ridgefield LLC DE boosted its stake in iShares MSCI Australia ETF by 3.8% in the 1st quarter. Millburn Ridgefield LLC DE now owns 847,045 shares of the exchange traded fund’s stock worth $23,514,000 after purchasing an additional 30,811 shares during the period. Catalyst Capital Advisors LLC raised its stake in iShares MSCI Australia ETF by 3.8% in the 1st quarter. Catalyst Capital Advisors LLC now owns 847,045 shares of the exchange traded fund’s stock valued at $23,514,000 after acquiring an additional 30,811 shares during the period. Polianta Ltd bought a new position in iShares MSCI Australia ETF during the second quarter worth $16,696,000. Sonoma Allocations LLC acquired a new position in shares of iShares MSCI Australia ETF in the second quarter valued at $14,139,000. Finally, Bank of America Corp DE increased its holdings in shares of iShares MSCI Australia ETF by 30.5% in the first quarter. Bank of America Corp DE now owns 443,217 shares of the exchange traded fund’s stock valued at $12,304,000 after purchasing an additional 103,563 shares during the last quarter. 59.69% of the stock is currently owned by institutional investors.

iShares MSCI Australia ETF Trading Down 0.3%

EWA stock traded down $0.08 during mid-day trading on Friday, hitting $28.73. 2,653,117 shares of the company were exchanged, compared to its average volume of 3,578,476. iShares MSCI Australia ETF has a 1-year low of $24.94 and a 1-year high of $30.48. The stock has a market capitalization of $1.20 billion, a PE ratio of 19.89 and a beta of 0.98. The business has a 50 day simple moving average of $29.24 and a 200-day simple moving average of $29.03.

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.