592,900 Shares in iShares MSCI Australia ETF $EWA Bought by Polianta Ltd

Polianta Ltd acquired a new position in iShares MSCI Australia ETF (NYSEARCA:EWA) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 592,900 shares of the exchange traded fund’s stock, valued at approximately $16,696,000. iShares MSCI Australia ETF accounts for approximately 2.1% of Polianta Ltd’s investment portfolio, making the stock its 7th largest holding.

Other hedge funds have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company bought a new position in iShares MSCI Australia ETF during the fourth quarter valued at about $49,625,000. DV Equities LLC bought a new stake in shares of iShares MSCI Australia ETF during the 4th quarter worth about $34,267,000. Raymond James Financial Inc. increased its holdings in shares of iShares MSCI Australia ETF by 3,134.0% during the 2nd quarter. Raymond James Financial Inc. now owns 778,558 shares of the exchange traded fund’s stock valued at $20,492,000 after acquiring an additional 754,484 shares during the last quarter. Sonoma Allocations LLC acquired a new position in shares of iShares MSCI Australia ETF during the 2nd quarter valued at about $14,139,000. Finally, Lido Advisors LLC raised its stake in shares of iShares MSCI Australia ETF by 166.0% in the 1st quarter. Lido Advisors LLC now owns 430,674 shares of the exchange traded fund’s stock valued at $11,956,000 after acquiring an additional 268,761 shares in the last quarter. 59.69% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Australia ETF Stock Performance

Shares of EWA stock opened at $30.41 on Friday. The stock’s 50 day simple moving average is $28.71 and its 200 day simple moving average is $28.76. iShares MSCI Australia ETF has a twelve month low of $24.94 and a twelve month high of $30.48. The company has a market capitalization of $1.45 billion, a price-to-earnings 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.