iShares MSCI Singapore ETF (NYSEARCA:EWS) Sees Large Volume Increase – Here’s Why

Shares of iShares MSCI Singapore ETF (NYSEARCA:EWS) saw unusually-strong trading volume on Friday . Approximately 574,717 shares were traded during trading, an increase of 10% from the previous session’s volume of 522,686 shares.The stock last traded at $23.94 and had previously closed at $24.17.

iShares MSCI Singapore ETF Trading Down 1.1 %

The stock has a fifty day moving average of $23.19 and a 200-day moving average of $22.48. The firm has a market capitalization of $800.82 million, a price-to-earnings ratio of 13.87 and a beta of 0.77.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EWS. Tradewinds Capital Management LLC purchased a new position in shares of iShares MSCI Singapore ETF during the fourth quarter valued at $28,060,000. JPMorgan Chase & Co. grew its stake in iShares MSCI Singapore ETF by 63.6% during the 4th quarter. JPMorgan Chase & Co. now owns 1,388,961 shares of the company’s stock valued at $30,349,000 after acquiring an additional 539,857 shares in the last quarter. LPL Financial LLC increased its holdings in shares of iShares MSCI Singapore ETF by 769.1% in the 4th quarter. LPL Financial LLC now owns 421,553 shares of the company’s stock valued at $9,211,000 after purchasing an additional 373,048 shares during the period. Castlekeep Investment Advisors LLC purchased a new stake in shares of iShares MSCI Singapore ETF in the fourth quarter worth approximately $6,207,000. Finally, Sun Life Financial Inc. boosted its holdings in shares of iShares MSCI Singapore ETF by 22.8% during the fourth quarter. Sun Life Financial Inc. now owns 1,522,600 shares of the company’s stock worth $33,269,000 after purchasing an additional 282,700 shares during the period.

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.