Hsbc Holdings PLC Has $40.92 Million Stock Position in iShares MSCI Australia ETF $EWA

Hsbc Holdings PLC lifted its position in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 10.0% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,745,524 shares of the exchange traded fund’s stock after buying an additional 159,134 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares MSCI Australia ETF were worth $40,915,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of EWA. Prudential PLC increased its position in shares of iShares MSCI Australia ETF by 205.8% in the first quarter. Prudential PLC now owns 119,012 shares of the exchange traded fund’s stock worth $2,790,000 after purchasing an additional 80,090 shares during the period. Acima Private Wealth LLC increased its position in shares of iShares MSCI Australia ETF by 3.4% in the first quarter. Acima Private Wealth LLC now owns 49,103 shares of the exchange traded fund’s stock worth $1,151,000 after purchasing an additional 1,632 shares during the period. Palisades Hudson Asset Management L.P. increased its position in shares of iShares MSCI Australia ETF by 2.1% in the first quarter. Palisades Hudson Asset Management L.P. now owns 192,351 shares of the exchange traded fund’s stock worth $4,509,000 after purchasing an additional 4,001 shares during the period. Banco Santander S.A. bought a new position in shares of iShares MSCI Australia ETF in the first quarter worth $254,000. Finally, Mackenzie Financial Corp bought a new position in shares of iShares MSCI Australia ETF in the first quarter worth $370,000. Institutional investors and hedge funds own 59.69% of the company’s stock.

iShares MSCI Australia ETF Stock Performance

Shares of NYSEARCA EWA opened at $27.26 on Friday. iShares MSCI Australia ETF has a 52 week low of $20.50 and a 52 week high of $27.29. The stock has a market capitalization of $1.54 billion, a P/E ratio of 19.89 and a beta of 1.01. The stock’s fifty day moving average is $26.38 and its 200 day moving average is $25.12.

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).