Gunma Bank Ltd. Takes $6.20 Million Position in iShares MSCI Australia ETF (NYSEARCA:EWA)

Gunma Bank Ltd. bought a new stake in iShares MSCI Australia ETF (NYSEARCA:EWA) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 260,000 shares of the exchange traded fund’s stock, valued at approximately $6,204,000.

Several other institutional investors have also modified their holdings of EWA. Wilmington Savings Fund Society FSB acquired a new position in iShares MSCI Australia ETF during the third quarter worth about $34,000. Angeles Wealth Management LLC acquired a new position in iShares MSCI Australia ETF during the third quarter worth about $108,000. Rosenberg Matthew Hamilton boosted its position in iShares MSCI Australia ETF by 16.3% during the third quarter. Rosenberg Matthew Hamilton now owns 4,651 shares of the exchange traded fund’s stock worth $126,000 after acquiring an additional 651 shares during the last quarter. Modera Wealth Management LLC acquired a new position in iShares MSCI Australia ETF during the third quarter worth about $219,000. Finally, Lunt Capital Management Inc. acquired a new position in iShares MSCI Australia ETF during the third quarter worth about $219,000. Institutional investors and hedge funds own 59.69% of the company’s stock.

iShares MSCI Australia ETF Stock Performance

EWA opened at $24.93 on Monday. iShares MSCI Australia ETF has a twelve month low of $22.81 and a twelve month high of $27.23. The firm’s 50-day moving average price is $24.68 and its 200 day moving average price is $25.36.

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).