17,539 iShares MSCI Italy ETF $EWI Shares Sold by Parkway Wealth Management Group LLC

Parkway Wealth Management Group LLC reduced its position in shares of iShares MSCI Italy ETF (NYSEARCA:EWI) by 2.8% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 604,956 shares of the exchange traded fund’s stock after selling 17,539 shares during the quarter. iShares MSCI Italy ETF accounts for about 4.1% of Parkway Wealth Management Group LLC’s investment portfolio, making the stock its 5th biggest holding. Parkway Wealth Management Group LLC’s holdings in iShares MSCI Italy ETF were worth $35,523,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of EWI. Pacifica Partners Inc. purchased a new position in iShares MSCI Italy ETF in the second quarter worth about $30,000. Fifth Third Bancorp bought a new position in shares of iShares MSCI Italy ETF in the first quarter worth approximately $39,000. JGP Wealth Management LLC purchased a new stake in shares of iShares MSCI Italy ETF during the third quarter valued at approximately $215,000. Empowered Funds LLC purchased a new stake in shares of iShares MSCI Italy ETF during the first quarter valued at approximately $233,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of iShares MSCI Italy ETF by 20.4% during the first quarter. Bank of New York Mellon Corp now owns 6,536 shares of the exchange traded fund’s stock valued at $349,000 after buying an additional 1,107 shares during the last quarter. 37.96% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Italy ETF Stock Down 1.9%

Shares of EWI opened at $55.39 on Tuesday. The company has a market capitalization of $1.18 billion, a P/E ratio of 12.30 and a beta of 0.88. The firm has a 50 day moving average of $60.33 and a 200 day moving average of $59.60. iShares MSCI Italy ETF has a twelve month low of $50.47 and a twelve month high of $63.76.

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.