iShares MSCI Singapore ETF (NYSEARCA:EWS) Sees Strong Trading Volume – Here’s What Happened

iShares MSCI Singapore ETF (NYSEARCA:EWS) saw an uptick in trading volume on Wednesday . 3,718,075 shares were traded during mid-day trading, an increase of 505% from the previous session’s volume of 614,221 shares.The stock last traded at $23.15 and had previously closed at $23.11.

iShares MSCI Singapore ETF Stock Up 1.1 %

The firm has a market capitalization of $529.20 million, a PE ratio of 11.81 and a beta of 0.79. The stock has a 50-day moving average price of $22.35 and a 200 day moving average price of $21.72.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of EWS. Sun Life Financial Inc. lifted its holdings in iShares MSCI Singapore ETF by 22.8% in the 4th quarter. Sun Life Financial Inc. now owns 1,522,600 shares of the company’s stock valued at $33,269,000 after purchasing an additional 282,700 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares MSCI Singapore ETF by 63.6% in the 4th quarter. JPMorgan Chase & Co. now owns 1,388,961 shares of the company’s stock valued at $30,349,000 after purchasing an additional 539,857 shares in the last quarter. Tradewinds Capital Management LLC purchased a new position in iShares MSCI Singapore ETF in the 4th quarter valued at $28,060,000. Jane Street Group LLC lifted its holdings in iShares MSCI Singapore ETF by 34.5% in the 3rd quarter. Jane Street Group LLC now owns 616,978 shares of the company’s stock valued at $13,666,000 after purchasing an additional 158,306 shares in the last quarter. Finally, Catalyst Capital Advisors LLC lifted its holdings in iShares MSCI Singapore ETF by 0.5% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 490,435 shares of the company’s stock valued at $10,863,000 after purchasing an additional 2,242 shares in the last quarter.

iShares MSCI Singapore ETF Company Profile

iShares MSCI Singapore ETF, formerly iShares MSCI Singapore Index Fund (the Fund), is an exchange traded fund (ETF). The Funds seeks investment results that correspond to the price and yield performance of the MSCI Singapore Index (the Underlying Index). The Underlying Index consists of stocks traded primarily on the Singapore Stock Exchange.