Hsbc Holdings PLC Has $260,000 Stock Holdings in iShares MSCI Italy ETF (NYSEARCA:EWI)

Hsbc Holdings PLC trimmed its position in iShares MSCI Italy ETF (NYSEARCA:EWI – Get Rating) by 14.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 12,125 shares of the exchange traded fund’s stock after selling 2,013 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares MSCI Italy ETF were worth $260,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Credit Suisse AG increased its stake in shares of iShares MSCI Italy ETF by 10.6% during the third quarter. Credit Suisse AG now owns 7,027 shares of the exchange traded fund’s stock valued at $151,000 after purchasing an additional 674 shares in the last quarter. BNP Paribas Arbitrage SA boosted its position in iShares MSCI Italy ETF by 783.3% in the 1st quarter. BNP Paribas Arbitrage SA now owns 6,969 shares of the exchange traded fund’s stock valued at $206,000 after buying an additional 6,180 shares during the period. Eaton Vance Management lifted its position in shares of iShares MSCI Italy ETF by 3.3% in the 1st quarter. Eaton Vance Management now owns 12,220 shares of the exchange traded fund’s stock worth $361,000 after purchasing an additional 392 shares during the period. Polaris Wealth Advisory Group LLC purchased a new stake in iShares MSCI Italy ETF during the third quarter valued at approximately $583,000. Finally, Renaissance Technologies LLC acquired a new position in iShares MSCI Italy ETF during the 2nd quarter valued at approximately $995,000.

iShares MSCI Italy ETF Stock Down 1.7 %

EWI opened at $29.96 on Friday. The firm’s fifty day simple moving average is $29.75 and its two-hundred day simple moving average is $26.48. The company has a market cap of $224.70 million, a price-to-earnings ratio of 10.24 and a beta of 1.05. iShares MSCI Italy ETF has a 52-week low of $20.99 and a 52-week high of $30.96.

iShares MSCI Italy ETF Profile

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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.