NewSquare Capital LLC Buys 115,887 Shares of iShares MSCI Italy ETF (NYSEARCA:EWI)

NewSquare Capital LLC boosted its stake in shares of iShares MSCI Italy ETF (NYSEARCA:EWI) by 242.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 163,743 shares of the exchange traded fund’s stock after acquiring an additional 115,887 shares during the quarter. NewSquare Capital LLC owned approximately 1.46% of iShares MSCI Italy ETF worth $5,556,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Tradewinds Capital Management LLC acquired a new position in iShares MSCI Italy ETF during the 3rd quarter valued at about $25,245,000. LPL Financial LLC acquired a new position in iShares MSCI Italy ETF during the 3rd quarter valued at about $8,349,000. UBS Group AG lifted its position in iShares MSCI Italy ETF by 2.9% during the 3rd quarter. UBS Group AG now owns 160,453 shares of the exchange traded fund’s stock valued at $4,881,000 after purchasing an additional 4,509 shares during the period. Nilsine Partners LLC lifted its position in iShares MSCI Italy ETF by 1.5% during the 4th quarter. Nilsine Partners LLC now owns 149,466 shares of the exchange traded fund’s stock valued at $5,071,000 after purchasing an additional 2,205 shares during the period. Finally, Sepio Capital LP lifted its position in iShares MSCI Italy ETF by 1.4% during the 3rd quarter. Sepio Capital LP now owns 148,562 shares of the exchange traded fund’s stock valued at $4,519,000 after purchasing an additional 2,048 shares during the period.

iShares MSCI Italy ETF Stock Performance

iShares MSCI Italy ETF stock traded up $0.83 during trading hours on Tuesday, reaching $37.61. 262,089 shares of the company’s stock traded hands, compared to its average volume of 372,632. iShares MSCI Italy ETF has a fifty-two week low of $29.01 and a fifty-two week high of $37.96. The firm has a market capitalization of $426.12 million, a price-to-earnings ratio of 10.38 and a beta of 0.88. The firm’s 50 day moving average is $36.42 and its 200-day moving average is $33.87.

About iShares MSCI Italy ETF

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.