Robertson Stephens Wealth Management LLC Reduces Stock Position in iShares MSCI Singapore ETF $EWS

Robertson Stephens Wealth Management LLC cut its stake in iShares MSCI Singapore ETF (NYSEARCA:EWS) by 81.9% in the second quarter, HoldingsChannel reports. The institutional investor owned 39,359 shares of the company’s stock after selling 177,538 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in iShares MSCI Singapore ETF were worth $1,023,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Vontobel Holding Ltd. increased its stake in shares of iShares MSCI Singapore ETF by 2.1% during the 2nd quarter. Vontobel Holding Ltd. now owns 195,181 shares of the company’s stock worth $5,071,000 after purchasing an additional 4,019 shares in the last quarter. WESPAC Advisors LLC purchased a new position in shares of iShares MSCI Singapore ETF during the 2nd quarter worth approximately $776,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of iShares MSCI Singapore ETF by 270.9% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 6,732 shares of the company’s stock worth $175,000 after purchasing an additional 4,917 shares in the last quarter. BOCHK Asset Management Ltd increased its stake in shares of iShares MSCI Singapore ETF by 700.0% during the 2nd quarter. BOCHK Asset Management Ltd now owns 8,000 shares of the company’s stock worth $208,000 after purchasing an additional 7,000 shares in the last quarter. Finally, Raleigh Capital Management Inc. purchased a new position in shares of iShares MSCI Singapore ETF during the 2nd quarter worth approximately $26,000. 52.30% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Singapore ETF Price Performance

Shares of EWS opened at $28.33 on Friday. The firm has a 50 day simple moving average of $28.26 and a 200-day simple moving average of $26.18. iShares MSCI Singapore ETF has a 1-year low of $20.08 and a 1-year high of $29.65. The stock has a market cap of $871.15 million, a price-to-earnings ratio of 15.28 and a beta of 0.81.

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.