Traders Buy iShares MSCI Australia ETF (EWA) on Weakness

Investors purchased shares of iShares MSCI Australia ETF (NYSEARCA:EWA) on weakness during trading on Tuesday. $20.56 million flowed into the stock on the tick-up and $6.17 million flowed out of the stock on the tick-down, for a money net flow of $14.39 million into the stock. Of all companies tracked, iShares MSCI Australia ETF had the 27th highest net in-flow for the day. iShares MSCI Australia ETF traded down ($0.14) for the day and closed at $21.31

Several hedge funds and other institutional investors have recently modified their holdings of the business. Group One Trading L.P. boosted its position in shares of iShares MSCI Australia ETF by 107.4% in the 3rd quarter. Group One Trading L.P. now owns 8,512 shares of the exchange traded fund’s stock worth $188,000 after buying an additional 122,794 shares in the last quarter. NorthCoast Asset Management LLC purchased a new stake in shares of iShares MSCI Australia ETF in the 3rd quarter worth about $251,000. Fis Group Inc. boosted its position in shares of iShares MSCI Australia ETF by 97.3% in the 4th quarter. Fis Group Inc. now owns 500,599 shares of the exchange traded fund’s stock worth $9,633,000 after buying an additional 246,856 shares in the last quarter. Acima Private Wealth LLC purchased a new stake in shares of iShares MSCI Australia ETF in the 4th quarter worth about $636,000. Finally, Crabel Capital Management LLC purchased a new stake in shares of iShares MSCI Australia ETF in the 3rd quarter worth about $214,000.

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About iShares MSCI Australia ETF (NYSEARCA:EWA)

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).

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