Griffin Asset Management Inc. Makes New Investment in iShares MSCI Australia ETF $EWA

Griffin Asset Management Inc. acquired a new position in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 8,341 shares of the exchange traded fund’s stock, valued at approximately $220,000.

Other hedge funds have also modified their holdings of the company. Trifecta Capital Advisors LLC acquired a new stake in shares of iShares MSCI Australia ETF in the 1st quarter valued at approximately $35,000. Jones Financial Companies Lllp acquired a new stake in shares of iShares MSCI Australia ETF in the 1st quarter valued at approximately $42,000. Comerica Bank lifted its holdings in shares of iShares MSCI Australia ETF by 21.7% in the 1st quarter. Comerica Bank now owns 3,627 shares of the exchange traded fund’s stock valued at $85,000 after buying an additional 646 shares during the period. BOCHK Asset Management Ltd acquired a new stake in shares of iShares MSCI Australia ETF in the 2nd quarter valued at approximately $211,000. Finally, Copia Wealth Management lifted its holdings in shares of iShares MSCI Australia ETF by 59.2% in the 1st quarter. Copia Wealth Management now owns 9,269 shares of the exchange traded fund’s stock valued at $217,000 after buying an additional 3,445 shares during the period. 59.69% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Australia ETF Price Performance

EWA opened at $26.66 on Tuesday. The business has a 50 day simple moving average of $26.93 and a 200-day simple moving average of $25.82. The stock has a market capitalization of $1.46 billion, a P/E ratio of 19.89 and a beta of 1.01. iShares MSCI Australia ETF has a 12 month low of $20.50 and a 12 month high of $27.57.

iShares MSCI Australia ETF 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).