Slocum Gordon & Co LLP Increases Stock Position in iShares MSCI Australia ETF $EWA

Slocum Gordon & Co LLP lifted its stake in iShares MSCI Australia ETF (NYSEARCA:EWA) by 119.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 107,438 shares of the exchange traded fund’s stock after acquiring an additional 58,547 shares during the quarter. iShares MSCI Australia ETF accounts for 2.3% of Slocum Gordon & Co LLP’s investment portfolio, making the stock its 14th largest position. Slocum Gordon & Co LLP’s holdings in iShares MSCI Australia ETF were worth $2,901,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the company. Perigon Wealth Management LLC acquired a new stake in shares of iShares MSCI Australia ETF during the third quarter worth about $980,000. Cadinha & Co. LLC purchased a new position in iShares MSCI Australia ETF in the 3rd quarter valued at approximately $25,349,000. Griffin Asset Management Inc. grew its stake in shares of iShares MSCI Australia ETF by 17.0% in the third quarter. Griffin Asset Management Inc. now owns 9,757 shares of the exchange traded fund’s stock worth $263,000 after acquiring an additional 1,416 shares in the last quarter. Polianta Ltd purchased a new stake in shares of iShares MSCI Australia ETF during the third quarter worth $13,332,000. Finally, Independent Wealth Network Inc. increased its position in shares of iShares MSCI Australia ETF by 1.6% during the third quarter. Independent Wealth Network Inc. now owns 28,904 shares of the exchange traded fund’s stock worth $780,000 after acquiring an additional 462 shares during the period. 59.69% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Australia ETF Trading Up 0.3%

NYSEARCA:EWA opened at $26.68 on Monday. iShares MSCI Australia ETF has a 12-month low of $20.50 and a 12-month high of $27.57. The firm has a market cap of $1.45 billion, a PE ratio of 19.89 and a beta of 1.04. The stock has a fifty day moving average price of $26.32 and a 200 day moving average price of $26.53.

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.