BOCHK Asset Management Ltd Acquires Shares of 8,000 iShares MSCI Australia ETF $EWA

BOCHK Asset Management Ltd bought a new stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) in the second quarter, Holdings Channel reports. The firm bought 8,000 shares of the exchange traded fund’s stock, valued at approximately $211,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Coppell Advisory Solutions LLC raised its holdings in shares of iShares MSCI Australia ETF by 540.4% during the first quarter. Coppell Advisory Solutions LLC now owns 14,979 shares of the exchange traded fund’s stock worth $351,000 after acquiring an additional 12,640 shares in the last quarter. Jones Financial Companies Lllp acquired a new position in iShares MSCI Australia ETF in the 1st quarter worth about $42,000. Parallax Volatility Advisers L.P. purchased a new stake in shares of iShares MSCI Australia ETF during the 1st quarter worth about $322,000. Amundi lifted its holdings in shares of iShares MSCI Australia ETF by 4.4% during the 1st quarter. Amundi now owns 114,700 shares of the exchange traded fund’s stock valued at $2,667,000 after buying an additional 4,800 shares during the last quarter. Finally, DRW Securities LLC grew its stake in shares of iShares MSCI Australia ETF by 148.7% in the 1st quarter. DRW Securities LLC now owns 60,094 shares of the exchange traded fund’s stock valued at $1,409,000 after buying an additional 35,927 shares in the last quarter. 59.69% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Australia ETF Stock Performance

NYSEARCA:EWA opened at $27.15 on Thursday. The company has a market capitalization of $1.53 billion, a P/E ratio of 19.89 and a beta of 1.01. The stock’s 50 day moving average price is $26.80 and its 200 day moving average price is $25.60. iShares MSCI Australia ETF has a 52 week low of $20.50 and a 52 week high of $27.57.

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).