iShares MSCI Singapore ETF (NYSEARCA:EWS) Stock Price Up 0.9% – Time to Buy?

by · The Markets Daily

iShares MSCI Singapore ETF (NYSEARCA:EWS – Get Free Report)’s stock price traded up 0.9% on Monday. The stock traded as high as $33.31 and last traded at $33.26. 981,999 shares changed hands during trading, a decline of 1% from the average daily volume of 989,991 shares. The stock had previously closed at $32.96.

iShares MSCI Singapore ETF Stock Performance

The stock has a market cap of $1.44 billion, a P/E ratio of 15.28 and a beta of 0.57. The company’s 50 day moving average price is $33.42 and its 200-day moving average price is $30.84.

Hedge Funds Weigh In On iShares MSCI Singapore ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in EWS. Miller Global Investments LLC bought a new position in iShares MSCI Singapore ETF during the third quarter worth about $339,000. CX Institutional purchased a new stake in shares of iShares MSCI Singapore ETF in the 3rd quarter valued at about $229,000. Empowered Funds LLC purchased a new position in iShares MSCI Singapore ETF in the first quarter worth $243,000. Bank of America Corp DE boosted its stake in iShares MSCI Singapore ETF by 1.6% in the first quarter. Bank of America Corp DE now owns 109,513 shares of the company’s stock worth $3,090,000 after buying an additional 1,750 shares in the last quarter. Finally, Amundi lifted its stake in iShares MSCI Singapore ETF by 4.8% in the first quarter. Amundi now owns 370,769 shares of the company’s stock worth $10,463,000 after purchasing an additional 17,035 shares during the last quarter. 52.30% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Singapore ETF Company Profile

(Get Free Report)

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).

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