UBS Group AG Sells 284,014 Shares of iShares MSCI Hong Kong ETF $EWH

UBS Group AG lowered its stake in shares of iShares MSCI Hong Kong ETF (NYSEARCA:EWH) by 59.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 193,393 shares of the exchange traded fund’s stock after selling 284,014 shares during the quarter. UBS Group AG owned about 0.63% of iShares MSCI Hong Kong ETF worth $4,110,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in EWH. Journey Advisory Group LLC boosted its position in shares of iShares MSCI Hong Kong ETF by 31.2% in the fourth quarter. Journey Advisory Group LLC now owns 411,325 shares of the exchange traded fund’s stock valued at $8,741,000 after acquiring an additional 97,818 shares during the period. Tudor Investment Corp ET AL bought a new stake in shares of iShares MSCI Hong Kong ETF in the third quarter valued at approximately $648,000. Millburn Ridgefield LLC DE boosted its position in shares of iShares MSCI Hong Kong ETF by 4.5% in the third quarter. Millburn Ridgefield LLC DE now owns 675,976 shares of the exchange traded fund’s stock valued at $14,567,000 after acquiring an additional 28,989 shares during the period. Innealta Capital LLC boosted its position in shares of iShares MSCI Hong Kong ETF by 109.9% in the third quarter. Innealta Capital LLC now owns 61,070 shares of the exchange traded fund’s stock valued at $1,316,000 after acquiring an additional 31,969 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in shares of iShares MSCI Hong Kong ETF by 151.1% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 49,521 shares of the exchange traded fund’s stock valued at $1,052,000 after acquiring an additional 29,803 shares during the period. Institutional investors own 50.59% of the company’s stock.

iShares MSCI Hong Kong ETF Trading Down 1.4%

EWH opened at $23.49 on Friday. iShares MSCI Hong Kong ETF has a 1-year low of $18.69 and a 1-year high of $24.66. The stock has a market capitalization of $923.16 million, a price-to-earnings ratio of 14.69 and a beta of 0.39. The business has a 50 day moving average of $23.42 and a 200-day moving average of $22.88.

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). The Index consists of stocks traded primarily on the Stock Exchange of Hong Kong Limited. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.