Park Edge Advisors LLC Acquires Shares of 7,604 iShares MSCI Italy ETF (NYSEARCA:EWI)

Park Edge Advisors LLC bought a new position in iShares MSCI Italy ETF (NYSEARCA:EWI) during the second quarter, Holdings Channel.com reports. The institutional investor bought 7,604 shares of the exchange traded fund’s stock, valued at approximately $273,000.

Several other institutional investors and hedge funds have also made changes to their positions in EWI. Global Retirement Partners LLC boosted its position in shares of iShares MSCI Italy ETF by 21.6% during the 1st quarter. Global Retirement Partners LLC now owns 4,194 shares of the exchange traded fund’s stock valued at $158,000 after acquiring an additional 746 shares during the last quarter. Contravisory Investment Management Inc. boosted its holdings in iShares MSCI Italy ETF by 4.1% in the 2nd quarter. Contravisory Investment Management Inc. now owns 23,275 shares of the exchange traded fund’s stock valued at $834,000 after purchasing an additional 919 shares during the last quarter. Legacy Capital Group California Inc. grew its stake in shares of iShares MSCI Italy ETF by 4.2% in the 2nd quarter. Legacy Capital Group California Inc. now owns 23,027 shares of the exchange traded fund’s stock valued at $826,000 after buying an additional 919 shares during the period. Tower Research Capital LLC TRC grew its stake in shares of iShares MSCI Italy ETF by 5,678.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,098 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 1,079 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of iShares MSCI Italy ETF by 25.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 8,672 shares of the exchange traded fund’s stock worth $311,000 after buying an additional 1,761 shares during the last quarter.

iShares MSCI Italy ETF Price Performance

Shares of EWI stock traded up $0.27 during trading on Tuesday, hitting $38.56. 146,979 shares of the stock traded hands, compared to its average volume of 309,173. The firm has a market capitalization of $436.88 million, a P/E ratio of 10.55 and a beta of 0.87. iShares MSCI Italy ETF has a 52-week low of $29.01 and a 52-week high of $39.37. The firm’s fifty day moving average price is $36.86 and its 200-day moving average price is $36.98.

About iShares MSCI Italy ETF

iShares MSCI Italy Capped ETF, formerly iShares MSCI Italy Capped Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Italy 25/50 Index (Index). The Index consists of stocks traded primarily on the Milan Stock Exchange.