Blue Trust Inc. Cuts Stock Holdings in iShares MSCI Australia ETF $EWA

Blue Trust Inc. reduced its position in iShares MSCI Australia ETF (NYSEARCA:EWA) by 51.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,420 shares of the exchange traded fund’s stock after selling 5,811 shares during the period. Blue Trust Inc.’s holdings in iShares MSCI Australia ETF were worth $143,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Trifecta Capital Advisors LLC acquired a new position in shares of iShares MSCI Australia ETF in the 1st quarter valued at $35,000. Jones Financial Companies Lllp acquired a new stake in shares of iShares MSCI Australia ETF during the first quarter worth about $42,000. Comerica Bank raised its holdings in iShares MSCI Australia ETF by 21.7% during the first quarter. Comerica Bank now owns 3,627 shares of the exchange traded fund’s stock worth $85,000 after purchasing an additional 646 shares in the last quarter. BOCHK Asset Management Ltd acquired a new position in shares of iShares MSCI Australia ETF in the 2nd quarter valued at $211,000. Finally, Banco Santander S.A. purchased a new position in iShares MSCI Australia ETF in the 1st quarter valued at $254,000. 59.69% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Australia ETF Trading Up 0.7%

Shares of EWA stock opened at $26.89 on Thursday. iShares MSCI Australia ETF has a twelve month low of $20.50 and a twelve month high of $27.57. The firm has a 50-day moving average price of $26.94 and a 200 day moving average price of $25.83. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of 19.89 and a beta of 1.01.

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).