ABC Arbitrage SA Buys New Shares in iShares MSCI Italy ETF (NYSEARCA:EWI)

ABC Arbitrage SA bought a new stake in iShares MSCI Italy ETF (NYSEARCA:EWI) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 100,374 shares of the exchange traded fund’s stock, valued at approximately $3,610,000.

Other hedge funds have also made changes to their positions in the company. Flow Traders U.S. LLC bought a new position in iShares MSCI Italy ETF during the third quarter worth about $7,463,000. Integrated Wealth Concepts LLC lifted its stake in iShares MSCI Italy ETF by 288.1% during the third quarter. Integrated Wealth Concepts LLC now owns 40,887 shares of the exchange traded fund’s stock worth $1,593,000 after purchasing an additional 30,351 shares during the period. Dai ichi Life Holdings Inc. bought a new position in iShares MSCI Italy ETF during the third quarter worth about $1,155,000. CacheTech Inc. lifted its stake in iShares MSCI Italy ETF by 8.7% during the third quarter. CacheTech Inc. now owns 223,427 shares of the exchange traded fund’s stock worth $8,705,000 after purchasing an additional 17,930 shares during the period. Finally, Pathstone Holdings LLC lifted its stake in iShares MSCI Italy ETF by 47.5% during the third quarter. Pathstone Holdings LLC now owns 54,879 shares of the exchange traded fund’s stock worth $2,138,000 after purchasing an additional 17,661 shares during the period.

iShares MSCI Italy ETF Stock Up 0.9 %

Shares of EWI opened at $40.59 on Friday. The stock has a market cap of $459.88 million, a price-to-earnings ratio of 10.55 and a beta of 0.87. The company has a 50-day moving average price of $37.47 and a two-hundred day moving average price of $37.52. iShares MSCI Italy ETF has a 12 month low of $34.24 and a 12 month high of $40.73.

iShares MSCI Italy ETF Company Profile

iShares MSCI Italy Capped ETF, formerly iShares MSCI Italy Capped Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Italy 25/50 Index (Index). The Index consists of stocks traded primarily on the Milan Stock Exchange.