Oppenheimer & Co. Inc. Acquires New Stake in iShares MSCI Malaysia ETF $EWM

Oppenheimer & Co. Inc. bought a new stake in iShares MSCI Malaysia ETF (NYSEARCA:EWM) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 105,585 shares of the exchange traded fund’s stock, valued at approximately $2,891,000. Oppenheimer & Co. Inc. owned 1.23% of iShares MSCI Malaysia ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of EWM. Sigma Planning Corp acquired a new position in shares of iShares MSCI Malaysia ETF during the 3rd quarter valued at about $203,000. Innealta Capital LLC acquired a new stake in iShares MSCI Malaysia ETF during the first quarter worth $250,000. Vontobel Holding Ltd. acquired a new position in shares of iShares MSCI Malaysia ETF in the 3rd quarter valued at $282,000. Cullen Capital Management LLC acquired a new position in shares of iShares MSCI Malaysia ETF in the 2nd quarter valued at $312,000. Finally, NewEdge Advisors LLC bought a new position in shares of iShares MSCI Malaysia ETF during the 1st quarter worth about $364,000. 86.75% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Malaysia ETF Stock Performance

Shares of iShares MSCI Malaysia ETF stock opened at $26.87 on Friday. The firm’s 50-day simple moving average is $27.44 and its 200-day simple moving average is $28.33. iShares MSCI Malaysia ETF has a twelve month low of $25.80 and a twelve month high of $30.64. The firm has a market cap of $229.74 million, a P/E ratio of 14.29 and a beta of 0.46.

iShares MSCI Malaysia ETF Profile

iShares MSCI Malaysia ETF, formerly iShares MSCI Malaysia Index Fund (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 Malaysian market, as measured by the MSCI Malaysia Index (the Index). The Index seeks to measure the performance of the Malaysian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.