iShares MSCI Singapore ETF (NYSEARCA:EWS) Hits New 1-Year High – What’s Next?

iShares MSCI Singapore ETF (NYSEARCA:EWS) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $32.55 and last traded at $32.46, with a volume of 56379 shares traded. The stock had previously closed at $32.09.

iShares MSCI Singapore ETF Price Performance

The business has a 50-day moving average of $30.17 and a two-hundred day moving average of $29.06. The company has a market cap of $1.04 billion, a P/E ratio of 15.28 and a beta of 0.56.

Institutional Investors Weigh In On iShares MSCI Singapore ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of EWS. Marshall Wace LLP acquired a new position in shares of iShares MSCI Singapore ETF during the second quarter worth $1,833,000. Amundi grew its stake in shares of iShares MSCI Singapore ETF by 10.7% during the second quarter. Amundi now owns 412,700 shares of the company’s stock worth $10,685,000 after acquiring an additional 39,800 shares during the last quarter. Qube Research & Technologies Ltd increased its holdings in shares of iShares MSCI Singapore ETF by 290.3% during the second quarter. Qube Research & Technologies Ltd now owns 155,254 shares of the company’s stock valued at $4,033,000 after acquiring an additional 115,473 shares in the last quarter. HUB Investment Partners LLC purchased a new position in shares of iShares MSCI Singapore ETF in the 2nd quarter valued at approximately $390,000. Finally, Raymond James Financial Inc. boosted its stake in iShares MSCI Singapore ETF by 7.8% in the 2nd quarter. Raymond James Financial Inc. now owns 27,123 shares of the company’s stock worth $705,000 after purchasing an additional 1,953 shares in the last quarter. Hedge funds and other institutional investors own 52.30% of the company’s stock.

About iShares MSCI Singapore ETF

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Fund’s investment advisor is BlackRock Fund Advisors (BFA).