EWA
iShares MSCI Australia ETF·Financial Services
29.84
0.235%(+0.07)
Market ClosedLast Updated: — ET
52W L: $23.0752W H: $30.24
iShares MSCI Australia ETF·Financial Services
Market Peers
JPMorgan Chase and Co. raised its holdings in iShares MSCI Australia ETF (NYSEARCA:EWA) by 91.2% during the undefined quarter, according to the company in its most recent disclosure with the SEC. The firm owned 120,295 shares of the exchange traded fund's stock after buying an additional 57,386 shares during the quarter. JPMorgan
SYDNEY—Australia's inflation eased slightly in February, but remained well above the central bank's target range, keeping the door open for a further rise in interest rates.
Australian ETFs like EWA draw focus as energy shocks and RBA rate hikes fuel inflation fears.
Citigroup Inc. boosted its stake in shares of iShares MSCI Australia ETF (NYSEARCA:EWA) by 77.4% in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,826 shares of the exchange traded fund's stock after buying an additional
The iShares MSCI Australia ETF is heavily weighted toward financials (42%) and materials (24%), primarily Commonwealth Bank and BHP. EWA's financial sector faces headwinds from a flattening yield curve, rising funding costs, and highly leveraged Australian households amid rate hikes. Materials exposure is mixed: copper benefits from electrification trends, but iron ore faces demand risks from China's tepid growth and geopolitical tensions.
iShares MSCI Australia ETF (NYSEARCA:EWA - Get Free Report) reached a new 52-week high on Friday. The stock traded as high as $29.68 and last traded at $29.6450, with a volume of 1054385 shares trading hands. The stock had previously closed at $29.37. iShares MSCI Australia ETF Stock Up 1.1% The company has a
