iShares MSCI Australia ETF $EWA Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC reduced its position in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 34.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,767,396 shares of the exchange traded fund’s stock after selling 926,323 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares MSCI Australia ETF were worth $46,288,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares MSCI Australia ETF in the fourth quarter valued at $49,625,000. DV Equities LLC bought a new stake in iShares MSCI Australia ETF in the fourth quarter worth about $34,267,000. Vontobel Holding Ltd. lifted its holdings in iShares MSCI Australia ETF by 6.4% in the 4th quarter. Vontobel Holding Ltd. now owns 972,230 shares of the exchange traded fund’s stock valued at $25,463,000 after acquiring an additional 58,100 shares during the last quarter. Millburn Ridgefield LLC DE lifted its holdings in iShares MSCI Australia ETF by 5.2% in the 4th quarter. Millburn Ridgefield LLC DE now owns 816,234 shares of the exchange traded fund’s stock valued at $21,377,000 after acquiring an additional 40,135 shares during the last quarter. Finally, Catalyst Capital Advisors LLC boosted its position in shares of iShares MSCI Australia ETF by 5.2% during the 4th quarter. Catalyst Capital Advisors LLC now owns 816,234 shares of the exchange traded fund’s stock valued at $21,377,000 after purchasing an additional 40,135 shares in the last quarter. 59.69% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Australia ETF Price Performance

NYSEARCA EWA opened at $28.09 on Monday. iShares MSCI Australia ETF has a 12 month low of $24.94 and a 12 month high of $30.48. The company has a market capitalization of $1.41 billion, a P/E ratio of 19.89 and a beta of 0.97. The company’s 50 day simple moving average is $28.79 and its 200 day simple moving average is $28.31.

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). 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.