Innealta Capital LLC Decreases Stake in iShares MSCI Italy ETF $EWI

Innealta Capital LLC cut its holdings in shares of iShares MSCI Italy ETF (NYSEARCA:EWI) by 76.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 10,644 shares of the exchange traded fund’s stock after selling 35,253 shares during the quarter. Innealta Capital LLC’s holdings in iShares MSCI Italy ETF were worth $569,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Hilltop Partners LLC raised its holdings in iShares MSCI Italy ETF by 2.9% in the fourth quarter. Hilltop Partners LLC now owns 7,029 shares of the exchange traded fund’s stock valued at $382,000 after acquiring an additional 197 shares in the last quarter. Cobblestone Asset Management LLC lifted its position in shares of iShares MSCI Italy ETF by 2.5% during the fourth quarter. Cobblestone Asset Management LLC now owns 12,698 shares of the exchange traded fund’s stock worth $690,000 after purchasing an additional 315 shares during the last quarter. Strategic Advocates LLC increased its holdings in iShares MSCI Italy ETF by 94.9% in the fourth quarter. Strategic Advocates LLC now owns 690 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 336 shares during the last quarter. Arlington Capital Management Inc. raised its stake in iShares MSCI Italy ETF by 0.6% during the fourth quarter. Arlington Capital Management Inc. now owns 60,524 shares of the exchange traded fund’s stock valued at $3,288,000 after buying an additional 360 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in shares of iShares MSCI Italy ETF by 41.4% in the 2nd quarter. NewEdge Advisors LLC now owns 1,367 shares of the exchange traded fund’s stock worth $66,000 after acquiring an additional 400 shares in the last quarter. Institutional investors and hedge funds own 37.96% of the company’s stock.

iShares MSCI Italy ETF Stock Performance

iShares MSCI Italy ETF stock opened at $60.59 on Monday. iShares MSCI Italy ETF has a 1 year low of $47.32 and a 1 year high of $61.18. The firm’s 50-day moving average is $59.32 and its 200-day moving average is $56.68. The company has a market cap of $859.17 million, a P/E ratio of 12.30 and a beta of 0.87.

About iShares MSCI Italy ETF

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.