Meeder Asset Management Inc. Invests $667,000 in iShares MSCI Australia ETF $EWA

Meeder Asset Management Inc. purchased a new position in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 24,026 shares of the exchange traded fund’s stock, valued at approximately $667,000. Meeder Asset Management Inc. owned approximately 0.05% of iShares MSCI Australia ETF at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the company. Johnson Financial Group Inc. bought a new stake in iShares MSCI Australia ETF during the third quarter worth $32,000. Tower Research Capital LLC TRC increased its stake in shares of iShares MSCI Australia ETF by 10,333.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,565 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 1,550 shares during the last quarter. Jones Financial Companies Lllp acquired a new position in shares of iShares MSCI Australia ETF during the 1st quarter worth $42,000. Nalls Sherbakoff Group LLC acquired a new position in shares of iShares MSCI Australia ETF during the 4th quarter worth $47,000. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of iShares MSCI Australia ETF during the 4th quarter worth $72,000. 59.69% of the stock is owned by institutional investors.

iShares MSCI Australia ETF Stock Down 0.8%

Shares of EWA stock opened at $28.52 on Tuesday. The business has a fifty day simple moving average of $28.59 and a 200 day simple moving average of $28.48. The company has a market cap of $1.33 billion, a P/E ratio of 19.89 and a beta of 0.97. iShares MSCI Australia ETF has a twelve month low of $24.94 and a twelve month high of $30.48.

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). 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.