Choreo LLC Increases Stake in iShares MSCI Australia ETF (NYSEARCA:EWA)

Choreo LLC boosted its stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 11.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,425 shares of the exchange traded fund’s stock after acquiring an additional 3,125 shares during the quarter. Choreo LLC’s holdings in iShares MSCI Australia ETF were worth $741,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in EWA. Cambridge Investment Research Advisors Inc. increased its position in shares of iShares MSCI Australia ETF by 64.8% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 22,987 shares of the exchange traded fund’s stock valued at $494,000 after buying an additional 9,040 shares in the last quarter. Raymond James & Associates increased its position in shares of iShares MSCI Australia ETF by 22.7% in the third quarter. Raymond James & Associates now owns 58,185 shares of the exchange traded fund’s stock valued at $1,252,000 after buying an additional 10,782 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of iShares MSCI Australia ETF by 5.0% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 16,484 shares of the exchange traded fund’s stock valued at $355,000 after buying an additional 782 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of iShares MSCI Australia ETF in the third quarter valued at approximately $5,712,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of iShares MSCI Australia ETF by 27.1% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 419,330 shares of the exchange traded fund’s stock valued at $9,020,000 after buying an additional 89,380 shares in the last quarter. 59.69% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Australia ETF Stock Performance

iShares MSCI Australia ETF stock opened at $23.39 on Thursday. The business has a 50 day simple moving average of $24.12 and a 200-day simple moving average of $23.31. iShares MSCI Australia ETF has a 12 month low of $20.46 and a 12 month high of $25.04.

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).