74,453 Shares in iShares MSCI Australia ETF $EWA Bought by Hilltop Holdings Inc.

Hilltop Holdings Inc. purchased a new stake in iShares MSCI Australia ETF (NYSEARCA:EWA) during the 1st quarter, HoldingsChannel reports. The firm purchased 74,453 shares of the exchange traded fund’s stock, valued at approximately $2,067,000.

Several other large investors have also added to or reduced their stakes in the stock. Comerica Bank increased its position in iShares MSCI Australia ETF by 21.7% during the 1st quarter. Comerica Bank now owns 3,627 shares of the exchange traded fund’s stock valued at $85,000 after purchasing an additional 646 shares during the period. Jones Financial Companies Lllp bought a new position in iShares MSCI Australia ETF in the 1st quarter worth $42,000. Cresset Asset Management LLC purchased a new stake in shares of iShares MSCI Australia ETF in the 2nd quarter worth about $221,000. NewEdge Advisors LLC purchased a new stake in shares of iShares MSCI Australia ETF in the 2nd quarter worth about $496,000. Finally, Squarepoint Ops LLC bought a new stake in shares of iShares MSCI Australia ETF during the 2nd quarter valued at about $1,629,000. Institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Trading Up 0.8%

Shares of EWA opened at $28.72 on Friday. iShares MSCI Australia ETF has a 1-year low of $24.94 and a 1-year high of $30.48. The firm’s 50-day moving average price is $28.56 and its 200-day moving average price is $28.53. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 19.89 and a beta of 0.97.

iShares MSCI Australia ETF Company Profile

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). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Index seeks to measure the performance of the Australian equity market.