Pictet North America Advisors SA Purchases 90,000 Shares of iShares MSCI Australia ETF (NYSEARCA:EWA)

Pictet North America Advisors SA boosted its position in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 766.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 101,741 shares of the exchange traded fund’s stock after purchasing an additional 90,000 shares during the period. Pictet North America Advisors SA owned about 0.17% of iShares MSCI Australia ETF worth $2,428,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EWA. Wilmington Savings Fund Society FSB purchased a new stake in shares of iShares MSCI Australia ETF in the third quarter worth approximately $34,000. Angeles Wealth Management LLC purchased a new stake in shares of iShares MSCI Australia ETF during the third quarter valued at $108,000. Rosenberg Matthew Hamilton increased its stake in iShares MSCI Australia ETF by 16.3% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 4,651 shares of the exchange traded fund’s stock worth $126,000 after buying an additional 651 shares during the period. Modera Wealth Management LLC bought a new stake in iShares MSCI Australia ETF during the 3rd quarter valued at about $219,000. Finally, Lunt Capital Management Inc. bought a new position in iShares MSCI Australia ETF in the 3rd quarter worth about $219,000. 59.69% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Australia ETF Stock Up 1.6 %

Shares of EWA opened at $25.66 on Friday. The company has a 50 day moving average price of $24.60 and a 200-day moving average price of $25.37. iShares MSCI Australia ETF has a fifty-two week low of $22.95 and a fifty-two week 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).