iShares MSCI Italy ETF $EWI Shares Sold by Innealta Capital LLC

Innealta Capital LLC reduced its stake in iShares MSCI Italy ETF (NYSEARCA:EWI) by 76.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,644 shares of the exchange traded fund’s stock after selling 35,253 shares during the quarter. Innealta Capital LLC owned about 0.09% of iShares MSCI Italy ETF worth $569,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Fluent Financial LLC purchased a new stake in iShares MSCI Italy ETF in the 4th quarter worth approximately $1,721,000. JPMorgan Chase & Co. increased its stake in iShares MSCI Italy ETF by 128.7% in the third quarter. JPMorgan Chase & Co. now owns 54,356 shares of the exchange traded fund’s stock valued at $2,824,000 after purchasing an additional 30,586 shares during the last quarter. Montag A & Associates Inc. lifted its position in iShares MSCI Italy ETF by 25.7% during the fourth quarter. Montag A & Associates Inc. now owns 65,301 shares of the exchange traded fund’s stock worth $3,548,000 after buying an additional 13,341 shares during the period. Providence First Trust Co purchased a new stake in iShares MSCI Italy ETF in the 4th quarter valued at about $695,000. Finally, Parkway Wealth Management Group LLC increased its stake in shares of iShares MSCI Italy ETF by 1.5% during the 1st quarter. Parkway Wealth Management Group LLC now owns 622,607 shares of the exchange traded fund’s stock valued at $35,507,000 after acquiring an additional 9,250 shares during the last quarter. Institutional investors and hedge funds own 37.96% of the company’s stock.

iShares MSCI Italy ETF Price Performance

NYSEARCA:EWI opened at $60.59 on Monday. The company has a market cap of $859.17 million, a P/E ratio of 12.30 and a beta of 0.87. The firm’s 50 day moving average is $59.32 and its two-hundred day moving average is $56.68. iShares MSCI Italy ETF has a fifty-two week low of $47.32 and a fifty-two week high of $61.18.

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. The Underlying Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight and all issuers with weight above 5% do not exceed 50% of the Underlying Index weight.