iShares MSCI Italy ETF $EWI is Arlington Capital Management Inc.’s 6th Largest Position

Arlington Capital Management Inc. lifted its position in shares of iShares MSCI Italy ETF (NYSEARCA:EWI) by 69.0% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 102,278 shares of the exchange traded fund’s stock after purchasing an additional 41,754 shares during the quarter. iShares MSCI Italy ETF comprises 3.1% of Arlington Capital Management Inc.’s investment portfolio, making the stock its 6th biggest holding. Arlington Capital Management Inc. owned approximately 0.89% of iShares MSCI Italy ETF worth $5,464,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fifth Third Bancorp bought a new position in iShares MSCI Italy ETF in the first quarter worth $39,000. Kestra Advisory Services LLC boosted its holdings in shares of iShares MSCI Italy ETF by 169.8% during the 1st quarter. Kestra Advisory Services LLC now owns 9,439 shares of the exchange traded fund’s stock valued at $504,000 after buying an additional 5,941 shares in the last quarter. Montag A & Associates Inc. boosted its holdings in shares of iShares MSCI Italy ETF by 2.2% during the 1st quarter. Montag A & Associates Inc. now owns 66,713 shares of the exchange traded fund’s stock valued at $3,564,000 after buying an additional 1,412 shares in the last quarter. Moran Wealth Management LLC grew its position in shares of iShares MSCI Italy ETF by 13.3% in the 1st quarter. Moran Wealth Management LLC now owns 176,338 shares of the exchange traded fund’s stock worth $9,420,000 after buying an additional 20,764 shares during the period. Finally, Onyx Bridge Wealth Group LLC grew its position in shares of iShares MSCI Italy ETF by 23.3% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 34,095 shares of the exchange traded fund’s stock worth $1,821,000 after buying an additional 6,434 shares during the period. 37.96% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Italy ETF Stock Performance

Shares of iShares MSCI Italy ETF stock traded up $0.31 during trading on Friday, hitting $60.59. The company’s stock had a trading volume of 100,694 shares, compared to its average volume of 475,177. iShares MSCI Italy ETF has a 52 week low of $47.32 and a 52 week high of $61.18. The company has a market capitalization of $859.17 million, a PE ratio of 12.30 and a beta of 0.87. The company has a fifty day simple moving average of $59.32 and a two-hundred day simple moving average of $56.66.

iShares MSCI Italy ETF Company Profile

iShares MSCI Italy Capped ETF, formerly iShares MSCI Italy Capped Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Italy 25/50 Index (Index). The Index consists of stocks traded primarily on the Milan Stock Exchange. The Underlying Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight and all issuers with weight above 5% do not exceed 50% of the Underlying Index weight.