Mirae Asset Global Investments Co. Ltd. Sells 157,851 Shares of iShares MSCI Australia ETF (NYSEARCA:EWA)

Mirae Asset Global Investments Co. Ltd. lessened its holdings in iShares MSCI Australia ETF (NYSEARCA:EWA) by 34.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 305,479 shares of the exchange traded fund’s stock after selling 157,851 shares during the period. Mirae Asset Global Investments Co. Ltd. owned about 0.52% of iShares MSCI Australia ETF worth $7,322,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new position in shares of iShares MSCI Australia ETF in the 3rd quarter worth approximately $34,000. Angeles Wealth Management LLC purchased a new position in iShares MSCI Australia ETF in the third quarter worth $108,000. Rosenberg Matthew Hamilton increased its position in shares of iShares MSCI Australia ETF by 16.3% during the third quarter. Rosenberg Matthew Hamilton now owns 4,651 shares of the exchange traded fund’s stock worth $126,000 after purchasing an additional 651 shares in the last quarter. Modera Wealth Management LLC purchased a new stake in shares of iShares MSCI Australia ETF during the 3rd quarter valued at $219,000. Finally, Lunt Capital Management Inc. acquired a new stake in shares of iShares MSCI Australia ETF in the 3rd quarter worth $219,000. 59.69% of the stock is currently owned by institutional investors.

iShares MSCI Australia ETF Stock Performance

Shares of EWA stock opened at $24.93 on Friday. The stock’s fifty day moving average price is $24.68 and its 200 day moving average price is $25.35. iShares MSCI Australia ETF has a 1-year low of $22.81 and a 1-year high of $27.23.

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).