iShares MSCI Italy ETF (EWI)
iShares MSCI Italy ETF $EWI Stake Reduced by Cetera Investment Advisers
Cetera Investment Advisers trimmed its holdings in iShares MSCI Italy ETF (NYSEARCA:EWI) by 62.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,808 shares of the exchange traded fund's stock after selling 8,071 shares during the quarter. Cetera Investment Advisers'
Italy to pick antitrust expert to lead market watchdog Consob
Italy will on Tuesday name senior official Guido Stazi as the new head of the Milan bourse watchdog Consob, politicians said, ending a months-long dispute within Prime Minister Giorgia Meloni's ruling coalition.
Italy business lobby calls for emergency action to boost renewables roll out
Italy's business lobby Confindustria has called for emergency action from the government to speed up the roll-out of renewable energy in the country, which is grappling with much higher power costs than in most of Europe.
Italy's Meloni urges NATO rethink on defence spending as Rome lifts outlays
Italy will ramp up its official defence budget this year, but NATO allies should rethink military priorities as warfare is transformed by drones, satellites and data, Prime Minister Giorgia Meloni said on Thursday.
Italy ETF (EWI) Hits a New 52-Week High
EWI hits a 52-week high as improving industrial data and Italy's recovery narrative gain traction.
Italy to assess best offer as it seeks Monte Paschi exit, economy minister says
Italy needs to cut its remaining stake in bailed-out Monte dei Paschi di Siena (MPS) and will assess which party makes the best offer, Economy Minister Giancarlo Giorgetti said on Wednesday.
EWI: Still Cheap, But Italy Is Up Against Stagflationary Conditions
The iShares MSCI Italy ETF is rated hold amid Italy's stagflationary macro backdrop and unappealing earnings growth picture of its holdings. GDP growth is expected to only come in at 0.5% this year, while inflationary risks have stepped up meaningfully with the Strait of Hormuz disruptions. EWI's heavy financials exposure (50% of the portfolio) faces subdued credit growth, but ECB rate hikes could temporarily boost net interest margins for Italian banks.
Intesa's profits top forecast on strong trading, confirm solid start for sector
Italy's biggest bank Intesa Sanpaolo topped forecasts with first-quarter earnings on Friday, helped by strong trading gains and lower loan loss provisions, and maintained its full-year outlook.
Italy has enough jet fuel until end-May, transport minister says
Italy's jet fuel reserves are enough to cover airport operations at least until the end of May, Transport Minister Matteo Salvini said on Wednesday, while urging the European Union to loosen its budget rules to let governments respond to the energy crisis.
Italy PM says may extend excise duty cut, seeks EU budget leeway for energy
Italy may extend beyond May 1 a cut in excise duties on fuels as part of efforts to help families and firms cope with surging energy prices, Prime Minister Giorgia Meloni said on Tuesday.
iShares MSCI Italy ETF $EWI Shares Acquired by JPMorgan Chase & Co.
JPMorgan Chase and Co. boosted its position in shares of iShares MSCI Italy ETF (NYSEARCA:EWI) by 128.7% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,356 shares of the exchange traded fund's stock after buying an additional 30,586 shares during
Banco Bilbao Vizcaya Argentaria S.A. Sells 622,814 Shares of iShares MSCI Italy ETF $EWI
Banco Bilbao Vizcaya Argentaria S.A. trimmed its stake in shares of iShares MSCI Italy ETF (NYSEARCA:EWI) by 65.0% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 335,763 shares of the exchange traded fund's stock after selling 622,814 shares during the period.
EWI: Latent Net Income Hits Priced Into Low Growth Outlook
The iShares MSCI Italy ETF is heavily weighted to Italian financials, notably Unicredit and Intesa. EWI faces headwinds from rising IRAP taxes, latent windfall tax measures, and NIM pressure as European rates decline, impacting the net income outlook. Consolidation in Italian banking offers mixed prospects; share-based deals, corporate governance considerations, and government intervention dampen potential valuation uplift.
EWI: 4 Reasons Why I Would Avoid This ETF
iShares MSCI Italy ETF offers investors exposure to Italian equities, which have historically underperformed European equities more broadly. Italy's fiscal situation remains a key concern despite recent improvement. The fund is highly concentrated in the financial sector, increasing sector-specific risk.
EWI: Italy's Torrid 2025 Rally Due For A Pause, Eyeing Support Spots
EWI has delivered strong YTD returns, driven by Italy's outperformance and robust share-price momentum, but I rate it a hold. Valuation remains attractive with a low P/E ratio, but growth prospects are moderate, and the PEG ratio is not especially compelling. The ETF is heavily weighted toward financials and utilities, with minimal tech exposure, making it sensitive to sector rotation and macro trends.
EWI: Cheap At Great Momentum
Investing in the iShares MSCI Italy ETF offers great opportunities at high risk, with a 0.5% expense ratio and 3.48% dividend yield. EWI's high exposure to financials and concentrated top holdings make it risky, but its current low valuation and strong momentum are attractive. Italy's economic stability, despite high government debt, is supported by a positive yield curve and low credit default swap premiums.
EWI: Another Trump Trade Alternative?
The iShares MSCI Italy ETF offers exposure to Italy's market, benefiting from potential cheaper energy if the Ukraine-Russia war ends. EWI's top sectors—financials, consumer cyclical, utilities, and industrials—stand to gain from reduced energy costs, boosting corporate profitability. Key stocks in EWI like UniCredit, Ferrari, and ENI are well-managed and positioned for growth, enhancing the ETF's appeal.
EWI: A Great Way To Visit Italy (From Your Portfolio)
iShares MSCI Italy ETF offers investors exposure to the Italian stock market through a diverse mix of mid and large-cap companies. The EWI ETF's portfolio includes industry giants like UniCredit, ENEL, Ferrari, Intesa Sanpaolo, and Stellantis, providing broad exposure to various sectors. EWI's sector composition highlights strengths in Financials, Consumer Discretionary, Utilities, Energy, Industrials, and Healthcare, showcasing Italy's economic diversity.
EWI: High Exposure To Cyclicals, And Low Exposure To Technology
EWI tracks MSCI Italy Index with lackluster returns. EWI has high exposure to cyclical sectors, but low exposure to technology sector. EWI's fund price has a high correlation to ECB's rate policy.
EWI: When In Rome, Proceed With Caution
EWI offers an attractive valuation and dividend yield but faces economic headwinds in Italy and many of its trading partners in the EU. Italy's ability to secure further EU recovery funding hinges on completing agreed milestones, which could impact economic progress if delayed. A potential ECB rate cut could hurt EWI's value tilt, one of the key characteristics of the fund.