iShares MSCI Italy ETF $EWI Stake Boosted by Parkway Wealth Management Group LLC

Parkway Wealth Management Group LLC increased its holdings in iShares MSCI Italy ETF (NYSEARCA:EWI) by 1.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 622,607 shares of the exchange traded fund’s stock after acquiring an additional 9,250 shares during the quarter. iShares MSCI Italy ETF makes up about 4.5% of Parkway Wealth Management Group LLC’s investment portfolio, making the stock its 6th largest position. Parkway Wealth Management Group LLC owned approximately 0.05% of iShares MSCI Italy ETF worth $35,507,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. DV Equities LLC purchased a new position in shares of iShares MSCI Italy ETF in the 4th quarter valued at $27,000. Caitlin John LLC purchased a new stake in shares of iShares MSCI Italy ETF in the 3rd quarter valued at $28,000. Biltmore Family Office LLC purchased a new stake in shares of iShares MSCI Italy ETF in the 4th quarter valued at $28,000. Strategic Advocates LLC increased its stake in shares of iShares MSCI Italy ETF by 94.9% in the fourth quarter. Strategic Advocates LLC now owns 690 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 336 shares during the period. Finally, NewEdge Advisors LLC increased its stake in shares of iShares MSCI Italy ETF by 1,596.5% in the first quarter. NewEdge Advisors LLC now owns 967 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 910 shares during the period. 37.96% of the stock is currently owned by institutional investors.

iShares MSCI Italy ETF Price Performance

NYSEARCA EWI opened at $58.95 on Friday. The company has a fifty day moving average of $58.79 and a 200 day moving average of $56.20. The company has a market capitalization of $676.75 million, a PE ratio of 12.30 and a beta of 0.87. iShares MSCI Italy ETF has a 1 year low of $47.14 and a 1 year high of $61.18.

About iShares MSCI Italy ETF

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.