iShares MSCI Hong Kong ETF (NYSEARCA:EWH) Stock Price Cross Below 200-Day Moving Average – What’s Next?

Shares of iShares MSCI Hong Kong ETF (NYSEARCA:EWH) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $16.72 and traded as low as $16.04. iShares MSCI Hong Kong ETF shares last traded at $16.10, with a volume of 2,563,868 shares traded.

iShares MSCI Hong Kong ETF Stock Down 1.1 %

The business’s 50 day moving average price is $17.20 and its two-hundred day moving average price is $16.72.

Institutional Investors Weigh In On iShares MSCI Hong Kong ETF

Institutional investors have recently added to or reduced their stakes in the company. Barings LLC raised its stake in shares of iShares MSCI Hong Kong ETF by 10.2% in the 2nd quarter. Barings LLC now owns 479,046 shares of the exchange traded fund’s stock worth $7,329,000 after buying an additional 44,269 shares in the last quarter. Idaho Trust Bank acquired a new position in iShares MSCI Hong Kong ETF during the second quarter worth about $404,000. Pekin Hardy Strauss Inc. raised its position in iShares MSCI Hong Kong ETF by 15.4% in the second quarter. Pekin Hardy Strauss Inc. now owns 43,815 shares of the exchange traded fund’s stock worth $670,000 after acquiring an additional 5,850 shares in the last quarter. Hsbc Holdings PLC acquired a new stake in iShares MSCI Hong Kong ETF in the 2nd quarter valued at about $254,000. Finally, Main Management ETF Advisors LLC boosted its position in shares of iShares MSCI Hong Kong ETF by 55.3% during the 2nd quarter. Main Management ETF Advisors LLC now owns 517,770 shares of the exchange traded fund’s stock valued at $7,922,000 after purchasing an additional 184,320 shares in the last quarter. 50.59% of the stock is currently owned by institutional investors and hedge funds.

About iShares MSCI Hong Kong ETF

iShares MSCI Hong Kong Index Fund, formerly Shares MSCI Hong Kong ETF, (the Fund), is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Hong Kong market, as measured by the MSCI Hong Kong Index (the Index).