SG Americas Securities LLC Acquires 13,398 Shares of iShares MSCI Australia ETF

SG Americas Securities LLC has made a new investment in the iShares MSCI Australia ETF (NYSEARCA:EWA) during the third quarter, as revealed in its latest filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,398 shares of the ETF, which is valued at approximately $363,000.

In addition to SG Americas, several other institutional investors and hedge funds have recently adjusted their positions in the iShares MSCI Australia ETF. For instance, Moneda S.A. Administradora General de Fondos increased its stake by 2.0% in the first quarter. Following this purchase, Moneda S.A. now holds 43,338 shares valued at $1,069,000, having acquired an additional 845 shares.

Caprock Group LLC also expanded its stake in the ETF by 8.6% during the same quarter, bringing its total ownership to 10,974 shares valued at $271,000 after purchasing 869 additional shares. TD Asset Management Inc. raised its position by 1.5% in the second quarter, now owning 88,565 shares valued at $2,164,000 following an acquisition of 1,271 shares.

Further, Janney Capital Management LLC increased its holdings in the ETF by 17.1% in the first quarter. This firm now owns 9,751 shares valued at $240,000, having added 1,423 shares recently. Independent Wealth Network Inc. also saw a 6.3% rise in its holdings during the first quarter, accumulating a total of 23,973 shares, valued at $591,000 after acquiring 1,430 additional shares.

Currently, institutional investors hold a collective 59.69% stake in the iShares MSCI Australia ETF.

Performance of iShares MSCI Australia ETF

As of the latest trading session, shares of the iShares MSCI Australia ETF are priced at $26.56. The ETF has a 50-day moving average of $26.00 and a 200-day moving average of $24.99. Over the past year, the ETF has experienced a low of $20.46 and a high of $27.23.

About iShares MSCI Australia ETF

The iShares MSCI Australia ETF, formerly known as the iShares MSCI Australia Index Fund, operates as an exchange-traded fund (ETF). Its primary objective is to provide investment returns that correspond closely to the price and yield performance of publicly traded securities within the Australian market, as indicated by the MSCI Australia Index.

investment, ETF, Australia