HighTower Advisors LLC Decreases Position in iShares MSCI Australia ETF $EWA

HighTower Advisors LLC lowered its stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 11.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 253,460 shares of the exchange traded fund’s stock after selling 32,570 shares during the period. HighTower Advisors LLC owned 0.55% of iShares MSCI Australia ETF worth $6,638,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Vertex Investment Solutions Co. Ltd. purchased a new stake in shares of iShares MSCI Australia ETF during the 4th quarter worth approximately $980,000. International Assets Investment Management LLC bought a new position in iShares MSCI Australia ETF in the 4th quarter worth approximately $85,000. Van Berkom & Associates Inc. bought a new position in iShares MSCI Australia ETF in the 4th quarter worth approximately $97,000. WJ Financial Advisors LLC boosted its holdings in iShares MSCI Australia ETF by 7.2% in the 4th quarter. WJ Financial Advisors LLC now owns 14,770 shares of the exchange traded fund’s stock worth $387,000 after buying an additional 990 shares during the period. Finally, Millburn Ridgefield LLC DE boosted its holdings in iShares MSCI Australia ETF by 5.2% in the 4th quarter. Millburn Ridgefield LLC DE now owns 816,234 shares of the exchange traded fund’s stock worth $21,377,000 after buying an additional 40,135 shares during the period. Hedge funds and other institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Trading Down 0.1%

EWA opened at $28.93 on Thursday. The company has a 50 day moving average of $28.89 and a 200 day moving average of $27.84. The company has a market cap of $1.34 billion, a PE ratio of 19.89 and a beta of 0.98. iShares MSCI Australia ETF has a 12 month low of $24.94 and a 12 month high of $30.48.

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.