Corient Private Wealth LLC Lowers Position in iShares MSCI Australia ETF (NYSEARCA:EWA)

Corient Private Wealth LLC lessened its holdings in iShares MSCI Australia ETF (NYSEARCA:EWA) by 23.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,404 shares of the exchange traded fund’s stock after selling 4,090 shares during the quarter. Corient Private Wealth LLC’s holdings in iShares MSCI Australia ETF were worth $320,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in EWA. Wilmington Savings Fund Society FSB bought a new position in iShares MSCI Australia ETF in the 3rd quarter valued at approximately $34,000. Ping Capital Management Inc. purchased a new position in shares of iShares MSCI Australia ETF in the 4th quarter worth $239,000. Kingswood Wealth Advisors LLC increased its position in iShares MSCI Australia ETF by 8.3% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 11,375 shares of the exchange traded fund’s stock valued at $271,000 after acquiring an additional 875 shares during the last quarter. Union Bancaire Privee UBP SA bought a new position in iShares MSCI Australia ETF in the fourth quarter valued at about $354,000. Finally, Quantinno Capital Management LP purchased a new position in iShares MSCI Australia ETF in the third quarter worth about $377,000. Hedge funds and other institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Stock Down 1.2 %

iShares MSCI Australia ETF stock opened at $23.47 on Monday. The business has a 50-day simple moving average of $24.37 and a two-hundred day simple moving average of $25.17. iShares MSCI Australia ETF has a 52-week low of $22.95 and a 52-week high of $27.23. The company has a market cap of $1.30 billion, a P/E ratio of 17.70 and a beta of 1.14.

About iShares MSCI Australia ETF

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).