Hilltop Holdings Inc. Invests $2.07 Million in iShares MSCI Australia ETF $EWA

Hilltop Holdings Inc. bought a new position in iShares MSCI Australia ETF (NYSEARCA:EWA) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 74,453 shares of the exchange traded fund’s stock, valued at approximately $2,067,000. Hilltop Holdings Inc. owned 0.16% of iShares MSCI Australia ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Comerica Bank grew its holdings in iShares MSCI Australia ETF by 21.7% in the 1st quarter. Comerica Bank now owns 3,627 shares of the exchange traded fund’s stock worth $85,000 after acquiring an additional 646 shares during the last quarter. Jones Financial Companies Lllp purchased a new position in shares of iShares MSCI Australia ETF in the first quarter valued at about $42,000. Cresset Asset Management LLC bought a new position in shares of iShares MSCI Australia ETF during the second quarter valued at about $221,000. NewEdge Advisors LLC bought a new position in shares of iShares MSCI Australia ETF during the second quarter valued at about $496,000. Finally, Squarepoint Ops LLC purchased a new stake in shares of iShares MSCI Australia ETF during the second quarter worth about $1,629,000. 59.69% of the stock is currently owned by institutional investors.

iShares MSCI Australia ETF Trading Up 0.8%

iShares MSCI Australia ETF stock opened at $28.72 on Friday. The firm has a market cap of $1.34 billion, a P/E ratio of 19.89 and a beta of 0.97. iShares MSCI Australia ETF has a 1-year low of $24.94 and a 1-year high of $30.48. The firm has a 50-day moving average of $28.56 and a 200-day moving average of $28.53.

iShares MSCI Australia ETF Company 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.