iShares MSCI Australia ETF $EWA Shares Newly Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. acquired a new stake in iShares MSCI Australia ETF (NYSEARCA:EWA) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 70,752 shares of the exchange traded fund’s stock, valued at approximately $2,003,000.

Other institutional investors also recently added to or reduced their stakes in the company. Vertex Investment Solutions Co. Ltd. acquired a new position in iShares MSCI Australia ETF during the second quarter worth $1,688,000. Polianta Ltd acquired a new stake in iShares MSCI Australia ETF in the second quarter valued at $16,696,000. Cetera Investment Advisers lifted its holdings in iShares MSCI Australia ETF by 106.1% in the first quarter. Cetera Investment Advisers now owns 47,557 shares of the exchange traded fund’s stock valued at $1,320,000 after acquiring an additional 24,483 shares during the period. Empowered Funds LLC acquired a new stake in iShares MSCI Australia ETF in the first quarter valued at $739,000. Finally, Hilltop Holdings Inc. purchased a new stake in shares of iShares MSCI Australia ETF during the 1st quarter worth $2,067,000. Hedge funds and other institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Stock Performance

Shares of NYSEARCA EWA opened at $29.17 on Friday. iShares MSCI Australia ETF has a one year low of $24.94 and a one year high of $30.48. The firm has a market capitalization of $1.20 billion, a P/E ratio of 19.89 and a beta of 0.97. The company’s fifty day moving average is $29.05 and its two-hundred day moving average is $28.94.

About iShares MSCI Australia ETF

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.