Bank of Nova Scotia Invests $10.13 Million in iShares MSCI Australia ETF $EWA

Bank of Nova Scotia acquired a new stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 384,800 shares of the exchange traded fund’s stock, valued at approximately $10,128,000.

Other institutional investors have also made changes to their positions in the company. Jones Financial Companies Lllp bought a new stake in shares of iShares MSCI Australia ETF in the 1st quarter valued at approximately $42,000. Simplex Trading LLC acquired a new stake in iShares MSCI Australia ETF in the second quarter valued at approximately $71,000. Private Trust Co. NA increased its stake in shares of iShares MSCI Australia ETF by 5,842.9% during the 2nd quarter. Private Trust Co. NA now owns 2,912 shares of the exchange traded fund’s stock worth $77,000 after purchasing an additional 2,863 shares during the last quarter. Comerica Bank raised its holdings in shares of iShares MSCI Australia ETF by 21.7% during the 1st quarter. Comerica Bank now owns 3,627 shares of the exchange traded fund’s stock valued at $85,000 after purchasing an additional 646 shares in the last quarter. Finally, Stephens Inc. AR acquired a new stake in shares of iShares MSCI Australia ETF in the 2nd quarter valued at $200,000. 59.69% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Australia ETF Price Performance

iShares MSCI Australia ETF stock opened at $26.65 on Thursday. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 19.89 and a beta of 1.04. The company’s fifty day moving average price is $26.50 and its two-hundred day moving average price is $26.51. iShares MSCI Australia ETF has a one year low of $20.50 and a one year high of $27.57.

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).