iShares MSCI Australia ETF $EWA Stock: Lido Advisors LLC Increases Stake

Lido Advisors LLC increased its holdings in iShares MSCI Australia ETF (NYSEARCA:EWA) by 19.3% in the third quarter, HoldingsChannel.com reports. The fund owned 595,855 shares of the exchange traded fund’s stock after acquiring an additional 96,274 shares during the period. Lido Advisors LLC’s holdings in iShares MSCI Australia ETF were worth $16,869,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vontobel Holding Ltd. bought a new stake in iShares MSCI Australia ETF in the third quarter valued at $29,593,000. Polianta Ltd bought a new position in iShares MSCI Australia ETF in the 2nd quarter worth $16,696,000. Sonoma Allocations LLC bought a new position in iShares MSCI Australia ETF in the 2nd quarter worth $14,139,000. Evergreen Capital Management LLC bought a new position in iShares MSCI Australia ETF in the 3rd quarter worth $4,174,000. Finally, Bank of America Corp DE raised its holdings in iShares MSCI Australia ETF by 30.5% in the 1st quarter. Bank of America Corp DE now owns 443,217 shares of the exchange traded fund’s stock worth $12,304,000 after purchasing an additional 103,563 shares in the last quarter. Hedge funds and other institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Trading Down 0.0%

NYSEARCA:EWA opened at $29.40 on Thursday. The company has a 50-day moving average price of $29.02 and a 200-day moving average price of $28.98. iShares MSCI Australia ETF has a 12 month low of $24.94 and a 12 month high of $30.48. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 20.64 and a beta of 0.97.

iShares MSCI Australia ETF Profile

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). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Index seeks to measure the performance of the Australian equity market.