Arrow Investment Advisors LLC Makes New Investment in iShares MSCI Austria ETF $EWO

Arrow Investment Advisors LLC purchased a new stake in iShares MSCI Austria ETF (NYSEARCA:EWO) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,034 shares of the company’s stock, valued at approximately $640,000. iShares MSCI Austria ETF makes up approximately 0.6% of Arrow Investment Advisors LLC’s portfolio, making the stock its 20th largest position.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its position in shares of iShares MSCI Austria ETF by 425.0% in the first quarter. EverSource Wealth Advisors LLC now owns 1,071 shares of the company’s stock valued at $38,000 after purchasing an additional 867 shares during the period. Royal Bank of Canada raised its holdings in iShares MSCI Austria ETF by 59.1% in the 1st quarter. Royal Bank of Canada now owns 2,288 shares of the company’s stock valued at $82,000 after acquiring an additional 850 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of iShares MSCI Austria ETF during the 3rd quarter valued at $212,000. Roan Capital Partners acquired a new stake in shares of iShares MSCI Austria ETF during the 2nd quarter worth approximately $304,000. Finally, Trust Co. of Oklahoma bought a new position in iShares MSCI Austria ETF during the 3rd quarter valued at $401,000.

iShares MSCI Austria ETF Stock Down 1.4%

NYSEARCA EWO opened at $39.59 on Friday. The company has a market capitalization of $166.28 million, a price-to-earnings ratio of 11.04 and a beta of 0.85. The stock’s 50-day simple moving average is $41.92 and its two-hundred day simple moving average is $40.27. iShares MSCI Austria ETF has a twelve month low of $30.61 and a twelve month high of $44.98.

iShares MSCI Austria ETF Company Profile

iShares MSCI Austria Capped ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the MSCI Austria IMI 25/50 Index (the Underlying Index). The Underlying Index consists of stocks traded on the Vienna 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.