Allspring Global Investments Holdings LLC Has $55.84 Million Stock Position in iShares MSCI Australia ETF $EWA

Allspring Global Investments Holdings LLC decreased its holdings in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 20.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,011,712 shares of the exchange traded fund’s stock after selling 525,578 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in iShares MSCI Australia ETF were worth $55,845,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares MSCI Australia ETF during the fourth quarter valued at about $49,625,000. DV Equities LLC acquired a new position in iShares MSCI Australia ETF in the 4th quarter valued at approximately $34,267,000. Vontobel Holding Ltd. increased its position in iShares MSCI Australia ETF by 6.4% in the 4th quarter. Vontobel Holding Ltd. now owns 972,230 shares of the exchange traded fund’s stock valued at $25,463,000 after acquiring an additional 58,100 shares during the period. Millburn Ridgefield LLC DE raised its stake in shares of iShares MSCI Australia ETF by 3.8% during the first quarter. Millburn Ridgefield LLC DE now owns 847,045 shares of the exchange traded fund’s stock valued at $23,514,000 after acquiring an additional 30,811 shares during the last quarter. Finally, Catalyst Capital Advisors LLC raised its stake in shares of iShares MSCI Australia ETF by 5.2% during the fourth quarter. Catalyst Capital Advisors LLC now owns 816,234 shares of the exchange traded fund’s stock valued at $21,377,000 after acquiring an additional 40,135 shares during the last quarter. Institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Trading Up 0.4%

Shares of EWA opened at $28.75 on Friday. The company has a market capitalization of $1.35 billion, a PE ratio of 19.89 and a beta of 0.97. iShares MSCI Australia ETF has a 12 month low of $24.94 and a 12 month high of $30.48. The stock’s 50-day moving average price is $28.61 and its two-hundred day moving average price is $28.45.

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). 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.