iShares MSCI Italy ETF (NYSEARCA:EWI – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $61.27 and last traded at $61.12, with a volume of 11932 shares changing hands. The stock had previously closed at $60.52.
iShares MSCI Italy ETF Stock Performance
The company has a market cap of $926.88 million, a price-to-earnings ratio of 12.30 and a beta of 0.87. The business has a fifty day moving average price of $59.56 and a 200 day moving average price of $56.98.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ameriprise Financial Inc. lifted its holdings in shares of iShares MSCI Italy ETF by 24.3% in the second quarter. Ameriprise Financial Inc. now owns 710,888 shares of the exchange traded fund’s stock worth $34,227,000 after acquiring an additional 139,088 shares during the last quarter. Parkway Wealth Management Group LLC grew its holdings in shares of iShares MSCI Italy ETF by 1.5% during the 1st quarter. Parkway Wealth Management Group LLC now owns 622,607 shares of the exchange traded fund’s stock valued at $35,507,000 after purchasing an additional 9,250 shares during the last quarter. Schroder Investment Management Group grew its holdings in shares of iShares MSCI Italy ETF by 21.5% during the 4th quarter. Schroder Investment Management Group now owns 499,500 shares of the exchange traded fund’s stock valued at $27,268,000 after purchasing an additional 88,500 shares during the last quarter. UBS Group AG grew its holdings in shares of iShares MSCI Italy ETF by 45.3% during the 4th quarter. UBS Group AG now owns 289,258 shares of the exchange traded fund’s stock valued at $15,715,000 after purchasing an additional 90,221 shares during the last quarter. Finally, LPL Financial LLC increased its position in iShares MSCI Italy ETF by 9.0% during the 4th quarter. LPL Financial LLC now owns 244,532 shares of the exchange traded fund’s stock worth $13,285,000 after purchasing an additional 20,249 shares in the last quarter. Institutional investors own 37.96% of the company’s stock.
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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