Mirae Asset Global Investments Co. Ltd. Purchases 70,752 Shares of iShares MSCI Australia ETF $EWA

Mirae Asset Global Investments Co. Ltd. bought a new stake in iShares MSCI Australia ETF (NYSEARCA:EWA) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 70,752 shares of the exchange traded fund’s stock, valued at approximately $2,003,000. Mirae Asset Global Investments Co. Ltd. owned about 0.17% of iShares MSCI Australia ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Vontobel Holding Ltd. purchased a new position in shares of iShares MSCI Australia ETF during the third quarter worth about $29,593,000. Catalyst Capital Advisors LLC lifted its position in iShares MSCI Australia ETF by 3.8% during the 1st quarter. Catalyst Capital Advisors LLC now owns 847,045 shares of the exchange traded fund’s stock worth $23,514,000 after acquiring an additional 30,811 shares during the period. Polianta Ltd acquired a new position in shares of iShares MSCI Australia ETF in the second quarter valued at approximately $16,696,000. Sonoma Allocations LLC acquired a new position in shares of iShares MSCI Australia ETF in the second quarter valued at approximately $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 period. Hedge funds and other institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Price Performance

iShares MSCI Australia ETF stock opened at $29.17 on Friday. The business has a 50 day simple moving average of $29.05 and a 200-day simple moving average of $28.94. iShares MSCI Australia ETF has a 12 month low of $24.94 and a 12 month high of $30.48. The stock has a market capitalization of $1.20 billion, a PE ratio of 19.89 and a beta of 0.97.

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.