iShares MSCI Singapore ETF (NYSEARCA:EWS) Shares Cross Below 50 Day Moving Average – Here’s Why

Shares of iShares MSCI Singapore ETF (NYSEARCA:EWS) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $23.34 and traded as low as $21.71. iShares MSCI Singapore ETF shares last traded at $21.84, with a volume of 1,442,399 shares.

iShares MSCI Singapore ETF Stock Down 6.6 %

The firm’s fifty day moving average is $23.34 and its two-hundred day moving average is $22.57. The firm has a market cap of $731.64 million, a P/E ratio of 13.87 and a beta of 0.77.

Institutional Investors Weigh In On iShares MSCI Singapore ETF

A number of large investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC raised its stake in iShares MSCI Singapore ETF by 34.9% in the third quarter. Integrated Wealth Concepts LLC now owns 57,715 shares of the company’s stock worth $1,278,000 after buying an additional 14,946 shares in the last quarter. Wellington Management Group LLP lifted its stake in shares of iShares MSCI Singapore ETF by 3.9% in the 3rd quarter. Wellington Management Group LLP now owns 482,603 shares of the company’s stock valued at $10,690,000 after purchasing an additional 18,030 shares during the period. Kovitz Investment Group Partners LLC grew its stake in iShares MSCI Singapore ETF by 13.8% in the third quarter. Kovitz Investment Group Partners LLC now owns 18,068 shares of the company’s stock worth $401,000 after purchasing an additional 2,185 shares during the period. Jane Street Group LLC raised its holdings in iShares MSCI Singapore ETF by 34.5% in the third quarter. Jane Street Group LLC now owns 616,978 shares of the company’s stock worth $13,666,000 after purchasing an additional 158,306 shares in the last quarter. Finally, Barclays PLC lifted its position in iShares MSCI Singapore ETF by 232,620.9% during the third quarter. Barclays PLC now owns 100,070 shares of the company’s stock valued at $2,216,000 after buying an additional 100,027 shares during the period.

iShares MSCI Singapore ETF Company Profile

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.