17,539 iShares MSCI Italy ETF $EWI Shares Sold by Parkway Wealth Management Group LLC

Parkway Wealth Management Group LLC lowered its position in iShares MSCI Italy ETF (NYSEARCA:EWI) by 2.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 604,956 shares of the exchange traded fund’s stock after selling 17,539 shares during the quarter. iShares MSCI Italy ETF comprises approximately 4.1% of Parkway Wealth Management Group LLC’s portfolio, making the stock its 5th largest holding. Parkway Wealth Management Group LLC owned approximately 2.83% of iShares MSCI Italy ETF worth $35,523,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Knollwood Investment Advisory LLC bought a new stake in iShares MSCI Italy ETF in the second quarter valued at approximately $1,007,000. Moran Wealth Management LLC grew its holdings in shares of iShares MSCI Italy ETF by 13.3% in the first quarter. Moran Wealth Management LLC now owns 176,338 shares of the exchange traded fund’s stock worth $9,420,000 after purchasing an additional 20,764 shares during the last quarter. Arlington Capital Management Inc. grew its holdings in shares of iShares MSCI Italy ETF by 69.0% in the first quarter. Arlington Capital Management Inc. now owns 102,278 shares of the exchange traded fund’s stock worth $5,464,000 after purchasing an additional 41,754 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in iShares MSCI Italy ETF in the second quarter worth about $1,058,000. Finally, Cairn Investment Group Inc. bought a new position in shares of iShares MSCI Italy ETF during the second quarter valued at approximately $15,604,000. Hedge funds and other institutional investors own 37.96% of the company’s stock.

iShares MSCI Italy ETF Stock Performance

Shares of NYSEARCA EWI opened at $55.39 on Tuesday. The company has a 50 day simple moving average of $60.33 and a two-hundred day simple moving average of $59.60. iShares MSCI Italy ETF has a fifty-two week low of $50.47 and a fifty-two week high of $63.76. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 12.30 and a beta of 0.88.

iShares MSCI Italy ETF Company Profile

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.