iShares MSCI Italy ETF $EWI Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC cut its stake in shares of iShares MSCI Italy ETF (NYSEARCA:EWI) by 25.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,357,883 shares of the exchange traded fund’s stock after selling 806,382 shares during the period. Hsbc Holdings PLC owned approximately 0.21% of iShares MSCI Italy ETF worth $125,958,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in EWI. Ameriprise Financial Inc. lifted its position in iShares MSCI Italy ETF by 24.3% during the 2nd 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 period. TD Waterhouse Canada Inc. acquired a new position in shares of iShares MSCI Italy ETF in the fourth quarter valued at approximately $6,490,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares MSCI Italy ETF by 112,701.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 117,314 shares of the exchange traded fund’s stock worth $6,374,000 after purchasing an additional 117,210 shares during the last quarter. UBS Group AG raised its stake in shares of iShares MSCI Italy ETF by 45.3% during the fourth quarter. UBS Group AG now owns 289,258 shares of the exchange traded fund’s stock worth $15,715,000 after purchasing an additional 90,221 shares during the last quarter. Finally, Schroder Investment Management Group lifted its holdings in shares of iShares MSCI Italy ETF by 21.5% during the fourth quarter. Schroder Investment Management Group now owns 499,500 shares of the exchange traded fund’s stock worth $27,268,000 after purchasing an additional 88,500 shares during the period. 37.96% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Italy ETF Price Performance

Shares of NYSEARCA EWI opened at $60.26 on Friday. The stock has a fifty day moving average price of $59.52 and a 200 day moving average price of $56.88. iShares MSCI Italy ETF has a 1-year low of $47.52 and a 1-year high of $61.20. The company has a market cap of $912.94 million, a PE ratio of 12.30 and a beta of 0.87.

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.