Sankala Group LLC Buys Shares of 54,103 iShares MSCI Australia ETF $EWA

Sankala Group LLC purchased a new position in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 54,103 shares of the exchange traded fund’s stock, valued at approximately $1,417,000. iShares MSCI Australia ETF accounts for about 1.2% of Sankala Group LLC’s investment portfolio, making the stock its 20th largest holding. Sankala Group LLC owned about 0.12% of iShares MSCI Australia ETF as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Invesco Ltd. lifted its position in shares of iShares MSCI Australia ETF by 155.2% during the fourth quarter. Invesco Ltd. now owns 27,277 shares of the exchange traded fund’s stock worth $714,000 after purchasing an additional 16,588 shares in the last quarter. Beacon Pointe Advisors LLC acquired a new position in shares of iShares MSCI Australia ETF in the fourth quarter valued at approximately $345,000. NewEdge Advisors LLC grew its holdings in shares of iShares MSCI Australia ETF by 57.2% in the fourth quarter. NewEdge Advisors LLC now owns 29,266 shares of the exchange traded fund’s stock valued at $766,000 after purchasing an additional 10,646 shares in the last quarter. Zacks Investment Management increased its stake in iShares MSCI Australia ETF by 4.8% during the 4th quarter. Zacks Investment Management now owns 42,981 shares of the exchange traded fund’s stock worth $1,126,000 after buying an additional 1,953 shares during the period. Finally, Tudor Investment Corp ET AL increased its stake in iShares MSCI Australia ETF by 31.2% during the 4th quarter. Tudor Investment Corp ET AL now owns 719,708 shares of the exchange traded fund’s stock worth $18,849,000 after buying an additional 171,165 shares during the period. Institutional investors and hedge funds own 59.69% of the company’s stock.

iShares MSCI Australia ETF Price Performance

iShares MSCI Australia ETF stock opened at $28.56 on Friday. The firm has a market cap of $1.33 billion, a PE ratio of 19.89 and a beta of 0.96. iShares MSCI Australia ETF has a 52-week low of $24.94 and a 52-week high of $30.48. The company’s 50 day moving average is $29.16 and its two-hundred day moving average is $28.17.

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.