iShares MSCI Australia ETF $EWA Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC trimmed its holdings in iShares MSCI Australia ETF (NYSEARCA:EWA) by 34.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,767,396 shares of the exchange traded fund’s stock after selling 926,323 shares during the quarter. Hsbc Holdings PLC owned about 3.83% of iShares MSCI Australia ETF worth $46,288,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Johnson Financial Group Inc. bought a new stake in iShares MSCI Australia ETF during the 3rd quarter valued at $32,000. Tower Research Capital LLC TRC increased its holdings in shares of iShares MSCI Australia ETF by 10,333.3% during the second quarter. Tower Research Capital LLC TRC now owns 1,565 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 1,550 shares during the period. Nalls Sherbakoff Group LLC acquired a new position in shares of iShares MSCI Australia ETF during the fourth quarter valued at $47,000. Jones Financial Companies Lllp acquired a new position in shares of iShares MSCI Australia ETF during the first quarter valued at $42,000. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of iShares MSCI Australia ETF during the fourth quarter valued at about $72,000. 59.69% of the stock is owned by institutional investors.

iShares MSCI Australia ETF Price Performance

EWA stock opened at $28.09 on Monday. The company has a market capitalization of $1.41 billion, a P/E ratio of 19.89 and a beta of 0.97. The company has a 50-day simple moving average of $28.79 and a 200 day simple moving average of $28.31. iShares MSCI Australia ETF has a fifty-two week low of $24.94 and a fifty-two week high of $30.48.

iShares MSCI Australia ETF Company 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.