Catalyst Capital Advisors LLC Sells 61,055 Shares of iShares MSCI Australia ETF $EWA

Catalyst Capital Advisors LLC trimmed its position in iShares MSCI Australia ETF (NYSEARCA:EWA) by 7.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 776,099 shares of the exchange traded fund’s stock after selling 61,055 shares during the period. Catalyst Capital Advisors LLC owned approximately 1.36% of iShares MSCI Australia ETF worth $20,427,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Comerica Bank increased its position in iShares MSCI Australia ETF by 21.7% in the 1st quarter. Comerica Bank now owns 3,627 shares of the exchange traded fund’s stock valued at $85,000 after buying an additional 646 shares in the last quarter. 1832 Asset Management L.P. increased its position in iShares MSCI Australia ETF by 3.7% in the 1st quarter. 1832 Asset Management L.P. now owns 19,189 shares of the exchange traded fund’s stock valued at $450,000 after buying an additional 692 shares in the last quarter. SG Americas Securities LLC boosted its stake in iShares MSCI Australia ETF by 6.9% during the 1st quarter. SG Americas Securities LLC now owns 14,519 shares of the exchange traded fund’s stock valued at $340,000 after purchasing an additional 931 shares during the last quarter. Copia Wealth Management boosted its stake in iShares MSCI Australia ETF by 16.9% during the 2nd quarter. Copia Wealth Management now owns 10,835 shares of the exchange traded fund’s stock valued at $285,000 after purchasing an additional 1,566 shares during the last quarter. Finally, Acima Private Wealth LLC boosted its stake in iShares MSCI Australia ETF by 3.4% during the 1st quarter. Acima Private Wealth LLC now owns 49,103 shares of the exchange traded fund’s stock valued at $1,151,000 after purchasing an additional 1,632 shares during the last quarter. 59.69% of the stock is owned by institutional investors.

iShares MSCI Australia ETF Stock Performance

EWA stock opened at $27.19 on Friday. The company has a market capitalization of $1.47 billion, a P/E ratio of 19.89 and a beta of 1.01. iShares MSCI Australia ETF has a 52-week low of $20.50 and a 52-week high of $27.57. The business has a 50-day simple moving average of $26.98 and a two-hundred day simple moving average of $26.01.

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).