Solstein Capital LLC Sells 5,969 Shares of iShares MSCI Australia ETF (NYSEARCA:EWA)

Solstein Capital LLC trimmed its position in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 26.2% during the fourth quarter, HoldingsChannel reports. The firm owned 16,791 shares of the exchange traded fund’s stock after selling 5,969 shares during the quarter. Solstein Capital LLC’s holdings in iShares MSCI Australia ETF were worth $401,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new stake in iShares MSCI Australia ETF during the 3rd quarter worth approximately $34,000. Ping Capital Management Inc. acquired a new stake in shares of iShares MSCI Australia ETF during the fourth quarter worth $239,000. Kingswood Wealth Advisors LLC lifted its position in iShares MSCI Australia ETF by 8.3% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 11,375 shares of the exchange traded fund’s stock valued at $271,000 after acquiring an additional 875 shares in the last quarter. Union Bancaire Privee UBP SA acquired a new position in iShares MSCI Australia ETF in the 4th quarter worth $354,000. Finally, Quantinno Capital Management LP bought a new position in iShares MSCI Australia ETF during the 3rd quarter worth about $377,000. Institutional investors and hedge funds own 59.69% of the company’s stock.

iShares MSCI Australia ETF Price Performance

Shares of iShares MSCI Australia ETF stock opened at $21.15 on Friday. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of 17.70 and a beta of 1.14. The stock’s 50-day moving average is $24.21 and its 200-day moving average is $25.08. iShares MSCI Australia ETF has a one year low of $20.90 and a one year high of $27.23.

About iShares MSCI Australia ETF

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).