Mutual Advisors LLC Decreases Stock Holdings in iShares MSCI Australia ETF $EWA

Mutual Advisors LLC lowered its holdings in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 77.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 10,095 shares of the exchange traded fund’s stock after selling 34,059 shares during the quarter. Mutual Advisors LLC’s holdings in iShares MSCI Australia ETF were worth $274,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. TD Waterhouse Canada Inc. boosted its holdings in shares of iShares MSCI Australia ETF by 6.8% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 109,543 shares of the exchange traded fund’s stock worth $2,884,000 after purchasing an additional 6,989 shares during the period. Fisher Asset Management LLC purchased a new stake in iShares MSCI Australia ETF during the 2nd quarter valued at $3,409,000. Lido Advisors LLC bought a new stake in iShares MSCI Australia ETF in the second quarter worth $1,975,000. Private Trust Co. NA boosted its stake in iShares MSCI Australia ETF by 5,842.9% during the second quarter. Private Trust Co. NA now owns 2,912 shares of the exchange traded fund’s stock worth $77,000 after buying an additional 2,863 shares during the period. Finally, Cetera Investment Advisers increased its position in iShares MSCI Australia ETF by 697.8% during the second quarter. Cetera Investment Advisers now owns 77,152 shares of the exchange traded fund’s stock valued at $2,031,000 after acquiring an additional 67,481 shares during the last quarter. 59.69% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Australia ETF Trading Up 1.4%

Shares of EWA opened at $28.23 on Monday. The company’s fifty day simple moving average is $26.73 and its 200-day simple moving average is $26.70. The company has a market cap of $1.30 billion, a P/E ratio of 19.89 and a beta of 1.04. iShares MSCI Australia ETF has a twelve month low of $20.50 and a twelve month high of $28.65.

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.