JPMorgan Chase & Co. Trims Holdings in iShares MSCI Singapore ETF $EWS

JPMorgan Chase & Co. reduced its stake in iShares MSCI Singapore ETF (NYSEARCA:EWS) by 21.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 666,145 shares of the company’s stock after selling 185,695 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares MSCI Singapore ETF were worth $18,879,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Bleakley Financial Group LLC increased its holdings in iShares MSCI Singapore ETF by 37.7% in the 3rd quarter. Bleakley Financial Group LLC now owns 78,305 shares of the company’s stock valued at $2,219,000 after purchasing an additional 21,428 shares during the last quarter. Sun Life Financial Inc. lifted its stake in iShares MSCI Singapore ETF by 20.9% during the third quarter. Sun Life Financial Inc. now owns 1,462,159 shares of the company’s stock worth $41,438,000 after purchasing an additional 252,559 shares in the last quarter. Osaic Holdings Inc. boosted its position in shares of iShares MSCI Singapore ETF by 54.7% during the second quarter. Osaic Holdings Inc. now owns 60,914 shares of the company’s stock worth $1,582,000 after buying an additional 21,535 shares during the period. CoreCap Advisors LLC purchased a new position in shares of iShares MSCI Singapore ETF during the third quarter worth $4,307,000. Finally, Brown Advisory Inc. grew its stake in shares of iShares MSCI Singapore ETF by 28.0% in the second quarter. Brown Advisory Inc. now owns 108,130 shares of the company’s stock valued at $2,809,000 after buying an additional 23,625 shares in the last quarter. Hedge funds and other institutional investors own 52.30% of the company’s stock.

iShares MSCI Singapore ETF Trading Up 1.2%

EWS stock opened at $27.82 on Thursday. The company has a market capitalization of $758.10 million, a PE ratio of 15.28 and a beta of 0.69. iShares MSCI Singapore ETF has a 12-month low of $20.08 and a 12-month high of $29.65. The business’s fifty day moving average price is $28.24 and its 200 day moving average price is $28.24.

iShares MSCI Singapore ETF 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. 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).