Lido Advisors LLC Acquires 268,761 Shares of iShares MSCI Australia ETF $EWA

Lido Advisors LLC raised its holdings in iShares MSCI Australia ETF (NYSEARCA:EWA) by 166.0% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 430,674 shares of the exchange traded fund’s stock after acquiring an additional 268,761 shares during the quarter. Lido Advisors LLC’s holdings in iShares MSCI Australia ETF were worth $11,956,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Independent Wealth Network Inc. lifted its position in shares of iShares MSCI Australia ETF by 1.7% during the fourth quarter. Independent Wealth Network Inc. now owns 29,400 shares of the exchange traded fund’s stock worth $770,000 after purchasing an additional 496 shares during the last quarter. Comerica Bank grew its holdings in shares of iShares MSCI Australia ETF by 21.7% in the first quarter. Comerica Bank now owns 3,627 shares of the exchange traded fund’s stock worth $85,000 after purchasing an additional 646 shares during the last quarter. Quantinno Capital Management LP grew its holdings in shares of iShares MSCI Australia ETF by 2.9% in the second quarter. Quantinno Capital Management LP now owns 23,666 shares of the exchange traded fund’s stock worth $623,000 after purchasing an additional 656 shares during the last quarter. Patten Group Inc. grew its holdings in shares of iShares MSCI Australia ETF by 10.4% in the fourth quarter. Patten Group Inc. now owns 10,022 shares of the exchange traded fund’s stock worth $262,000 after purchasing an additional 941 shares during the last quarter. Finally, Wolverine Trading LLC increased its stake in iShares MSCI Australia ETF by 4.4% in the 3rd quarter. Wolverine Trading LLC now owns 23,332 shares of the exchange traded fund’s stock worth $629,000 after buying an additional 983 shares during the period. Hedge funds and other institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Price Performance

Shares of EWA opened at $28.49 on Friday. iShares MSCI Australia ETF has a 1-year low of $24.94 and a 1-year high of $30.48. The company has a 50-day moving average of $28.56 and a 200 day moving average of $28.53. The firm has a market capitalization of $1.33 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.