Laffer Tengler Investments Inc. Sells 780 Shares of iShares MSCI Australia ETF (NYSEARCA:EWA)

Laffer Tengler Investments Inc. cut its stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 8.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,909 shares of the exchange traded fund’s stock after selling 780 shares during the quarter. Laffer Tengler Investments Inc.’s holdings in iShares MSCI Australia ETF were worth $213,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new position in iShares MSCI Australia ETF during the 3rd quarter worth $34,000. Angeles Wealth Management LLC bought a new position in shares of iShares MSCI Australia ETF during the 3rd quarter worth $108,000. Ping Capital Management Inc. bought a new position in shares of iShares MSCI Australia ETF during the 4th quarter worth $239,000. Kingswood Wealth Advisors LLC increased its stake in shares of iShares MSCI Australia ETF by 8.3% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 11,375 shares of the exchange traded fund’s stock valued at $271,000 after buying an additional 875 shares during the period. Finally, Quantinno Capital Management LP bought a new stake in shares of iShares MSCI Australia ETF in the third quarter valued at about $377,000. Institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Stock Performance

Shares of EWA opened at $23.92 on Wednesday. The company has a 50 day moving average price of $24.55 and a 200-day moving average price of $25.42. iShares MSCI Australia ETF has a fifty-two week low of $22.95 and a fifty-two week high of $27.23. The stock has a market capitalization of $1.33 billion, a PE ratio of 20.74 and a beta of 1.14.

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).