Prudential PLC Sells 35,500 Shares of iShares MSCI Australia ETF (NYSEARCA:EWA)

Prudential PLC cut its holdings in iShares MSCI Australia ETF (NYSEARCA:EWA) by 47.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 38,922 shares of the exchange traded fund’s stock after selling 35,500 shares during the quarter. Prudential PLC owned 0.07% of iShares MSCI Australia ETF worth $929,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. OLD Mission Capital LLC bought a new stake in iShares MSCI Australia ETF during the fourth quarter worth approximately $3,326,000. LPL Financial LLC raised its holdings in iShares MSCI Australia ETF by 0.6% during the 4th quarter. LPL Financial LLC now owns 174,141 shares of the exchange traded fund’s stock valued at $4,155,000 after buying an additional 1,104 shares during the period. Idaho Trust Bank raised its holdings in iShares MSCI Australia ETF by 15.4% during the 4th quarter. Idaho Trust Bank now owns 51,817 shares of the exchange traded fund’s stock valued at $1,236,000 after buying an additional 6,932 shares during the period. Wealthfront Advisers LLC bought a new stake in iShares MSCI Australia ETF in the fourth quarter worth $2,961,000. Finally, Palisades Hudson Asset Management L.P. boosted its stake in iShares MSCI Australia ETF by 5.7% during the fourth quarter. Palisades Hudson Asset Management L.P. now owns 188,350 shares of the exchange traded fund’s stock worth $4,494,000 after buying an additional 10,227 shares during the period. Institutional investors own 59.69% of the company’s stock.

iShares MSCI Australia ETF Trading Down 1.4 %

iShares MSCI Australia ETF stock opened at $20.85 on Tuesday. The firm has a market capitalization of $1.16 billion, a PE ratio of 15.97 and a beta of 1.04. iShares MSCI Australia ETF has a 12-month low of $20.51 and a 12-month high of $27.23. The firm has a 50-day moving average price of $24.13 and a 200-day moving average price of $25.02.

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).