Nan Fung Trinity HK Ltd. Buys New Stake in iShares MSCI Malaysia ETF $EWM

Nan Fung Trinity HK Ltd. bought a new position in iShares MSCI Malaysia ETF (NYSEARCA:EWM) during the third quarter, Holdings Channel.com reports. The firm bought 391,000 shares of the exchange traded fund’s stock, valued at approximately $10,706,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. AlphaCentric Advisors LLC bought a new position in shares of iShares MSCI Malaysia ETF in the third quarter valued at approximately $150,000. Sigma Planning Corp purchased a new stake in shares of iShares MSCI Malaysia ETF during the third quarter valued at approximately $203,000. Vontobel Holding Ltd. bought a new stake in iShares MSCI Malaysia ETF during the third quarter worth $282,000. Cullen Capital Management LLC bought a new stake in iShares MSCI Malaysia ETF during the second quarter worth $312,000. Finally, NewEdge Advisors LLC bought a new stake in iShares MSCI Malaysia ETF during the first quarter worth $364,000. Hedge funds and other institutional investors own 86.75% of the company’s stock.

iShares MSCI Malaysia ETF Trading Down 0.9%

EWM stock opened at $26.25 on Friday. The stock’s fifty day simple moving average is $27.15 and its two-hundred day simple moving average is $28.26. iShares MSCI Malaysia ETF has a 1-year low of $26.03 and a 1-year high of $30.64. The stock has a market cap of $246.22 million, a P/E ratio of 12.35 and a beta of 0.46.

iShares MSCI Malaysia ETF Company Profile

iShares MSCI Malaysia ETF, formerly iShares MSCI Malaysia Index Fund (the Fund), is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Malaysian market, as measured by the MSCI Malaysia Index (the Index). The Index seeks to measure the performance of the Malaysian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.