Tradewinds Capital Management LLC Lowers Stake in iShares MSCI Italy ETF $EWI

Tradewinds Capital Management LLC cut its stake in iShares MSCI Italy ETF (NYSEARCA:EWI) by 58.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 294,688 shares of the exchange traded fund’s stock after selling 410,106 shares during the period. iShares MSCI Italy ETF comprises approximately 3.4% of Tradewinds Capital Management LLC’s portfolio, making the stock its 11th largest position. Tradewinds Capital Management LLC’s holdings in iShares MSCI Italy ETF were worth $16,010,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Caitlin John LLC purchased a new stake in iShares MSCI Italy ETF during the third quarter valued at about $28,000. NewEdge Advisors LLC increased its position in shares of iShares MSCI Italy ETF by 1,596.5% during the 1st quarter. NewEdge Advisors LLC now owns 967 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 910 shares during the last quarter. Riggs Asset Managment Co. Inc. bought a new position in shares of iShares MSCI Italy ETF during the 2nd quarter valued at about $64,000. Advisory Services Network LLC purchased a new position in shares of iShares MSCI Italy ETF during the 3rd quarter valued at about $179,000. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in shares of iShares MSCI Italy ETF during the 2nd quarter valued at about $192,000. Institutional investors own 37.96% of the company’s stock.

iShares MSCI Italy ETF Price Performance

NYSEARCA:EWI opened at $51.10 on Friday. The company has a market capitalization of $659.19 million, a price-to-earnings ratio of 12.30 and a beta of 1.01. The business has a 50 day moving average of $54.86 and a 200 day moving average of $53.44. iShares MSCI Italy ETF has a 1-year low of $36.20 and a 1-year high of $57.94.

iShares MSCI Italy ETF Company 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. 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.