Lunt Capital Management Inc. Purchases Shares of 7,636 iShares MSCI Australia ETF $EWA

Lunt Capital Management Inc. acquired a new stake in iShares MSCI Australia ETF (NYSEARCA:EWA) during the second quarter, Holdings Channel.com reports. The fund acquired 7,636 shares of the exchange traded fund’s stock, valued at approximately $201,000.

A number of other hedge funds have also recently made changes to their positions in EWA. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in shares of iShares MSCI Australia ETF by 2,244.0% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 201,584 shares of the exchange traded fund’s stock worth $4,725,000 after acquiring an additional 192,984 shares during the last quarter. Hsbc Holdings PLC increased its holdings in iShares MSCI Australia ETF by 10.0% during the 1st quarter. Hsbc Holdings PLC now owns 1,745,524 shares of the exchange traded fund’s stock worth $40,915,000 after purchasing an additional 159,134 shares in the last quarter. OLD Mission Capital LLC raised its stake in shares of iShares MSCI Australia ETF by 104.1% in the first quarter. OLD Mission Capital LLC now owns 284,408 shares of the exchange traded fund’s stock worth $6,667,000 after purchasing an additional 145,027 shares during the last quarter. Stratos Wealth Advisors LLC lifted its holdings in shares of iShares MSCI Australia ETF by 90.0% in the first quarter. Stratos Wealth Advisors LLC now owns 221,657 shares of the exchange traded fund’s stock valued at $5,196,000 after purchasing an additional 105,025 shares in the last quarter. Finally, Arizona PSPRS Trust purchased a new position in shares of iShares MSCI Australia ETF during the first quarter valued at approximately $2,213,000. 59.69% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Australia ETF Trading Up 0.2%

Shares of iShares MSCI Australia ETF stock opened at $26.70 on Wednesday. The stock has a fifty day simple moving average of $26.93 and a 200 day simple moving average of $25.83. iShares MSCI Australia ETF has a 12-month low of $20.50 and a 12-month high of $27.57. The company has a market capitalization of $1.46 billion, a P/E ratio of 19.89 and a beta of 1.01.

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).