The Manufacturers Life Insurance Company Makes New $52.99 Million Investment in iShares MSCI Australia ETF (NYSEARCA:EWA)

The Manufacturers Life Insurance Company acquired a new position in iShares MSCI Australia ETF (NYSEARCA:EWA) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 1,954,550 shares of the exchange traded fund’s stock, valued at approximately $52,988,000. The Manufacturers Life Insurance Company owned approximately 3.38% of iShares MSCI Australia ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of EWA. Tidal Investments LLC raised its stake in iShares MSCI Australia ETF by 88.2% in the 1st quarter. Tidal Investments LLC now owns 108,624 shares of the exchange traded fund’s stock worth $2,679,000 after purchasing an additional 50,911 shares in the last quarter. iA Global Asset Management Inc. raised its stake in iShares MSCI Australia ETF by 13.4% in the 1st quarter. iA Global Asset Management Inc. now owns 23,484 shares of the exchange traded fund’s stock worth $579,000 after purchasing an additional 2,776 shares in the last quarter. Pathway Financial Advisers LLC acquired a new position in shares of iShares MSCI Australia ETF in the 1st quarter valued at approximately $79,000. Rockingstone Advisors LLC acquired a new position in shares of iShares MSCI Australia ETF in the 2nd quarter valued at approximately $209,000. Finally, &PARTNERS acquired a new position in shares of iShares MSCI Australia ETF in the 2nd quarter valued at approximately $743,000. Institutional investors and hedge funds own 59.69% of the company’s stock.

iShares MSCI Australia ETF Stock Performance

Shares of NYSEARCA:EWA opened at $26.25 on Friday. The firm has a 50 day moving average of $26.20 and a 200-day moving average of $25.36. iShares MSCI Australia ETF has a 12 month low of $22.27 and a 12 month high of $27.23.

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).