Bank of Nova Scotia Has $246,000 Stock Position in iShares MSCI Australia ETF (NYSEARCA:EWA)

Bank of Nova Scotia lessened its position in iShares MSCI Australia ETF (NYSEARCA:EWAGet Rating) by 98.9% in the second quarter, HoldingsChannel reports. The fund owned 11,600 shares of the exchange traded fund’s stock after selling 1,038,400 shares during the quarter. Bank of Nova Scotia’s holdings in iShares MSCI Australia ETF were worth $246,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in EWA. Sandy Spring Bank grew its stake in iShares MSCI Australia ETF by 301.6% in the first quarter. Sandy Spring Bank now owns 1,004 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 754 shares during the period. US Bancorp DE acquired a new stake in iShares MSCI Australia ETF in the first quarter valued at approximately $38,000. Bank of Montreal Can grew its stake in iShares MSCI Australia ETF by 1,045.7% in the first quarter. Bank of Montreal Can now owns 4,640 shares of the exchange traded fund’s stock valued at $124,000 after acquiring an additional 4,235 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of iShares MSCI Australia ETF by 8.3% in the second quarter. Commonwealth Equity Services LLC now owns 13,983 shares of the exchange traded fund’s stock valued at $296,000 after purchasing an additional 1,072 shares in the last quarter. Finally, Citigroup Inc. lifted its holdings in shares of iShares MSCI Australia ETF by 25.7% in the first quarter. Citigroup Inc. now owns 15,008 shares of the exchange traded fund’s stock valued at $397,000 after purchasing an additional 3,067 shares in the last quarter. Institutional investors and hedge funds own 53.14% of the company’s stock.

iShares MSCI Australia ETF Stock Performance

EWA stock opened at $22.76 on Monday. iShares MSCI Australia ETF has a twelve month low of $19.19 and a twelve month high of $27.16. The stock’s 50 day moving average is $20.86 and its 200-day moving average is $21.93.

About iShares MSCI Australia ETF

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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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Institutional Ownership by Quarter for iShares MSCI Australia ETF (NYSEARCA:EWA)

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