iShares MSCI Italy ETF (NYSEARCA:EWI – Get Free Report) shares saw strong trading volume on Thursday. Approximately 1,389,373 shares traded hands during mid-day trading, an increase of 210% from the previous session’s volume of 448,640 shares. The stock last traded at $55.9250 and had previously closed at $56.35.
iShares MSCI Italy ETF Stock Down 0.7%
The company has a market cap of $1.13 billion, a price-to-earnings ratio of 12.30 and a beta of 0.88. The stock has a fifty day moving average price of $61.38 and a two-hundred day moving average price of $59.35.
Institutional Investors Weigh In On iShares MSCI Italy ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in EWI. Integrated Wealth Concepts LLC bought a new stake in shares of iShares MSCI Italy ETF in the second quarter valued at approximately $1,058,000. Nilsine Partners LLC increased its stake in iShares MSCI Italy ETF by 1.6% during the 2nd quarter. Nilsine Partners LLC now owns 179,139 shares of the exchange traded fund’s stock worth $10,612,000 after acquiring an additional 2,900 shares during the period. Knollwood Investment Advisory LLC bought a new position in iShares MSCI Italy ETF during the 2nd quarter worth $1,007,000. Pacifica Partners Inc. acquired a new position in iShares MSCI Italy ETF in the 2nd quarter valued at $30,000. Finally, Cairn Investment Group Inc. acquired a new position in iShares MSCI Italy ETF in the 2nd quarter valued at $15,604,000. 37.96% of the stock is currently owned by institutional investors and hedge funds.
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.
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