iShares MSCI Italy ETF $EWI Stock Position Raised by Innealta Capital LLC

Innealta Capital LLC lifted its stake in shares of iShares MSCI Italy ETF (NYSEARCA:EWI) by 63.6% during the second quarter, Holdings Channel reports. The firm owned 50,616 shares of the exchange traded fund’s stock after purchasing an additional 19,669 shares during the quarter. iShares MSCI Italy ETF makes up approximately 1.3% of Innealta Capital LLC’s portfolio, making the stock its 20th largest holding. Innealta Capital LLC’s holdings in iShares MSCI Italy ETF were worth $2,437,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. The Manufacturers Life Insurance Company purchased a new position in shares of iShares MSCI Italy ETF in the first quarter worth approximately $42,390,000. Tradewinds Capital Management LLC grew its position in iShares MSCI Italy ETF by 31,587,000.0% during the 2nd quarter. Tradewinds Capital Management LLC now owns 631,742 shares of the exchange traded fund’s stock worth $30,412,000 after purchasing an additional 631,740 shares in the last quarter. Jones Financial Companies Lllp acquired a new stake in iShares MSCI Italy ETF during the 1st quarter valued at $4,490,000. Arlington Capital Management Inc. acquired a new stake in shares of iShares MSCI Italy ETF in the second quarter worth $3,871,000. Finally, Jane Street Group LLC bought a new stake in shares of iShares MSCI Italy ETF in the 1st quarter valued at approximately $3,287,000. Institutional investors and hedge funds own 37.96% of the company’s stock.

iShares MSCI Italy ETF Stock Performance

Shares of EWI opened at $51.75 on Friday. The firm has a market cap of $621 million, a PE ratio of 12.30 and a beta of 1.01. The firm’s 50 day moving average price is $51.40 and its 200 day moving average price is $49.06. iShares MSCI Italy ETF has a twelve month low of $35.20 and a twelve month high of $52.68.

iShares MSCI Italy ETF Profile

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.