Perigon Wealth Management LLC Makes New $980,000 Investment in iShares MSCI Australia ETF $EWA

Perigon Wealth Management LLC acquired a new stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) in the third quarter, Holdings Channel reports. The fund acquired 36,310 shares of the exchange traded fund’s stock, valued at approximately $980,000.

Several other institutional investors have also made changes to their positions in the company. Cadinha & Co. LLC acquired a new stake in shares of iShares MSCI Australia ETF during the third quarter valued at approximately $25,349,000. Vontobel Holding Ltd. grew its holdings in shares of iShares MSCI Australia ETF by 4.7% during the third quarter. Vontobel Holding Ltd. now owns 914,130 shares of the exchange traded fund’s stock valued at $24,682,000 after buying an additional 41,274 shares in the last quarter. Raymond James Financial Inc. raised its position in iShares MSCI Australia ETF by 3,134.0% during the second quarter. Raymond James Financial Inc. now owns 778,558 shares of the exchange traded fund’s stock valued at $20,492,000 after buying an additional 754,484 shares during the period. Polianta Ltd purchased a new stake in iShares MSCI Australia ETF in the 3rd quarter worth about $13,332,000. Finally, Bank of Nova Scotia acquired a new stake in iShares MSCI Australia ETF during the 2nd quarter worth about $10,128,000. 59.69% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Australia ETF Price Performance

Shares of EWA opened at $26.19 on Thursday. The business’s 50-day moving average is $26.28 and its 200-day moving average is $26.53. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 19.89 and a beta of 1.04. iShares MSCI Australia ETF has a fifty-two week low of $20.50 and a fifty-two week high of $27.57.

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.