Barings LLC Sells 55,818 Shares of iShares MSCI Hong Kong ETF $EWH

Barings LLC trimmed its holdings in iShares MSCI Hong Kong ETF (NYSEARCA:EWH) by 34.0% in the 4th quarter, HoldingsChannel reports. The firm owned 108,175 shares of the exchange traded fund’s stock after selling 55,818 shares during the quarter. Barings LLC’s holdings in iShares MSCI Hong Kong ETF were worth $2,299,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Comerica Bank boosted its stake in iShares MSCI Hong Kong ETF by 59.2% in the 3rd quarter. Comerica Bank now owns 1,770 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 658 shares during the period. Legacy Capital Group California Inc. boosted its stake in iShares MSCI Hong Kong ETF by 5.6% in the 3rd quarter. Legacy Capital Group California Inc. now owns 26,908 shares of the exchange traded fund’s stock worth $580,000 after purchasing an additional 1,438 shares during the period. Picton Mahoney Asset Management boosted its stake in iShares MSCI Hong Kong ETF by 27.3% in the 3rd quarter. Picton Mahoney Asset Management now owns 7,600 shares of the exchange traded fund’s stock worth $164,000 after purchasing an additional 1,630 shares during the period. Amundi boosted its stake in iShares MSCI Hong Kong ETF by 7.9% in the 2nd quarter. Amundi now owns 23,414 shares of the exchange traded fund’s stock worth $471,000 after purchasing an additional 1,714 shares during the period. Finally, Creative Planning boosted its holdings in shares of iShares MSCI Hong Kong ETF by 16.3% during the 3rd quarter. Creative Planning now owns 12,275 shares of the exchange traded fund’s stock valued at $265,000 after purchasing an additional 1,722 shares during the last quarter. 50.59% of the stock is currently owned by institutional investors.

iShares MSCI Hong Kong ETF Stock Up 2.3%

EWH opened at $21.88 on Friday. The firm has a 50-day simple moving average of $23.39 and a two-hundred day simple moving average of $22.91. iShares MSCI Hong Kong ETF has a 52 week low of $19.00 and a 52 week high of $24.66. The company has a market capitalization of $859.88 million, a PE ratio of 14.69 and a beta of 0.38.

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). 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.