Vertex Investment Solutions Co. Ltd. Makes New $980,000 Investment in iShares MSCI Australia ETF $EWA

Vertex Investment Solutions Co. Ltd. bought a new position in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) in the fourth quarter, Holdings Channel reports. The firm bought 37,000 shares of the exchange traded fund’s stock, valued at approximately $980,000. iShares MSCI Australia ETF accounts for 1.0% of Vertex Investment Solutions Co. Ltd.’s portfolio, making the stock its 17th largest position.

Other large investors have also recently added to or reduced their stakes in the company. Johnson Financial Group Inc. bought a new stake in iShares MSCI Australia ETF during the third quarter worth approximately $32,000. Tower Research Capital LLC TRC boosted its position in iShares MSCI Australia ETF by 10,333.3% during the second quarter. Tower Research Capital LLC TRC now owns 1,565 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 1,550 shares during the period. Jones Financial Companies Lllp bought a new stake in iShares MSCI Australia ETF during the first quarter worth approximately $42,000. Laurel Wealth Advisors LLC bought a new stake in iShares MSCI Australia ETF during the fourth quarter worth approximately $72,000. Finally, Fifth Third Bancorp bought a new stake in iShares MSCI Australia ETF during the third quarter worth approximately $75,000. Institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Stock Down 1.9%

Shares of iShares MSCI Australia ETF stock opened at $28.72 on Friday. The stock has a market capitalization of $1.33 billion, a P/E ratio of 19.89 and a beta of 0.98. The stock has a 50 day moving average price of $28.86 and a two-hundred day moving average price of $27.72. iShares MSCI Australia ETF has a 12-month low of $24.94 and a 12-month high of $30.48.

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.