BNP Paribas Arbitrage SA Sells 53,994 Shares of iShares MSCI Australia ETF (EWA)

BNP Paribas Arbitrage SA reduced its stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 49.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,479 shares of the exchange traded fund’s stock after selling 53,994 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in iShares MSCI Australia ETF were worth $1,194,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Financial Gravity Wealth Inc. bought a new position in iShares MSCI Australia ETF during the 1st quarter worth $83,000. Millburn Ridgefield Corp grew its stake in shares of iShares MSCI Australia ETF by 5.2% in the first quarter. Millburn Ridgefield Corp now owns 621,477 shares of the exchange traded fund’s stock worth $13,374,000 after purchasing an additional 30,990 shares in the last quarter. Eqis Capital Management Inc. bought a new position in shares of iShares MSCI Australia ETF in the first quarter worth $1,079,000. TCI Wealth Advisors Inc. bought a new position in shares of iShares MSCI Australia ETF in the first quarter worth $43,000. Finally, 6 Meridian grew its stake in shares of iShares MSCI Australia ETF by 20.2% in the first quarter. 6 Meridian now owns 130,651 shares of the exchange traded fund’s stock worth $2,812,000 after purchasing an additional 21,999 shares in the last quarter.

NYSEARCA:EWA opened at $21.45 on Friday. iShares MSCI Australia ETF has a 1 year low of $18.35 and a 1 year high of $23.18.

COPYRIGHT VIOLATION NOTICE: This story was originally reported by Baseball Daily News and is the sole property of of Baseball Daily News. If you are reading this story on another publication, it was stolen and republished in violation of United States & international trademark & copyright laws. The correct version of this story can be accessed at https://www.baseballdailydigest.com/news/2019/05/10/bnp-paribas-arbitrage-sa-sells-53994-shares-of-ishares-msci-australia-etf-ewa.html.

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).

Further Reading: How is the S&P 500 index different from the DJIA?

Want to see what other hedge funds are holding EWA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Australia ETF (NYSEARCA:EWA).

Institutional Ownership by Quarter for iShares MSCI Australia ETF (NYSEARCA:EWA)

Receive News & Ratings for iShares MSCI Australia ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Australia ETF and related companies with MarketBeat.com's FREE daily email newsletter.