iShares MSCI Hong Kong ETF (NYSEARCA:EWH) Sees Unusually-High Trading Volume – Here’s Why

iShares MSCI Hong Kong ETF (NYSEARCA:EWH) saw strong trading volume on Monday . 2,717,173 shares changed hands during mid-day trading, an increase of 9% from the previous session’s volume of 2,485,063 shares.The stock last traded at $16.43 and had previously closed at $16.50.

iShares MSCI Hong Kong ETF Price Performance

The stock has a 50 day moving average of $16.71 and a two-hundred day moving average of $16.85.

Institutional Investors Weigh In On iShares MSCI Hong Kong ETF

Several institutional investors have recently made changes to their positions in the company. Citigroup Inc. lifted its holdings in iShares MSCI Hong Kong ETF by 884.1% in the 3rd quarter. Citigroup Inc. now owns 7,943,387 shares of the exchange traded fund’s stock worth $148,224,000 after purchasing an additional 7,136,219 shares during the last quarter. Tradewinds Capital Management LLC acquired a new stake in iShares MSCI Hong Kong ETF in the 4th quarter worth approximately $19,521,000. Pictet North America Advisors SA acquired a new stake in iShares MSCI Hong Kong ETF in the 4th quarter worth approximately $5,834,000. Millburn Ridgefield Corp lifted its holdings in iShares MSCI Hong Kong ETF by 17.6% in the 4th quarter. Millburn Ridgefield Corp now owns 744,502 shares of the exchange traded fund’s stock worth $12,403,000 after purchasing an additional 111,172 shares during the last quarter. Finally, Catalyst Capital Advisors LLC lifted its holdings in shares of iShares MSCI Hong Kong ETF by 17.6% during the fourth quarter. Catalyst Capital Advisors LLC now owns 744,502 shares of the exchange traded fund’s stock worth $12,403,000 after buying an additional 111,172 shares during 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).