Raymond James Financial Inc. Takes Position in iShares MSCI Hong Kong ETF (NYSEARCA:EWH)

Raymond James Financial Inc. acquired a new position in shares of iShares MSCI Hong Kong ETF (NYSEARCA:EWH) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 308,181 shares of the exchange traded fund’s stock, valued at approximately $5,134,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of Montreal Can boosted its holdings in shares of iShares MSCI Hong Kong ETF by 0.7% in the 4th quarter. Bank of Montreal Can now owns 83,928 shares of the exchange traded fund’s stock valued at $1,398,000 after buying an additional 623 shares during the period. Idaho Trust Bank boosted its stake in iShares MSCI Hong Kong ETF by 3.2% in the fourth quarter. Idaho Trust Bank now owns 28,840 shares of the exchange traded fund’s stock valued at $480,000 after acquiring an additional 882 shares during the period. Vontobel Holding Ltd. grew its holdings in shares of iShares MSCI Hong Kong ETF by 0.5% during the fourth quarter. Vontobel Holding Ltd. now owns 334,214 shares of the exchange traded fund’s stock valued at $5,568,000 after purchasing an additional 1,531 shares during the last quarter. GenTrust LLC lifted its holdings in shares of iShares MSCI Hong Kong ETF by 9.4% in the 4th quarter. GenTrust LLC now owns 18,691 shares of the exchange traded fund’s stock worth $311,000 after purchasing an additional 1,600 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in iShares MSCI Hong Kong ETF by 59.5% during the 4th quarter. Wells Fargo & Company MN now owns 12,626 shares of the exchange traded fund’s stock valued at $210,000 after purchasing an additional 4,711 shares during the period. Institutional investors and hedge funds own 50.59% of the company’s stock.

iShares MSCI Hong Kong ETF Price Performance

Shares of NYSEARCA EWH opened at $17.18 on Friday. The firm has a market capitalization of $579.83 million, a PE ratio of 14.23 and a beta of 0.43. iShares MSCI Hong Kong ETF has a 1-year low of $14.88 and a 1-year high of $20.37. The business’s fifty day moving average price is $17.22 and its two-hundred day moving average price is $17.15.

iShares MSCI Hong Kong ETF Profile

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).