iShares MSCI Singapore ETF (NYSEARCA:EWS) Sets New 52-Week High – What’s Next?

iShares MSCI Singapore ETF (NYSEARCA:EWS) reached a new 52-week high on Tuesday . The stock traded as high as $31.78 and last traded at $31.75, with a volume of 143735 shares. The stock had previously closed at $31.43.

iShares MSCI Singapore ETF Price Performance

The company has a market cap of $1.00 billion, a P/E ratio of 15.28 and a beta of 0.56. The business’s 50 day moving average price is $29.69 and its 200-day moving average price is $28.82.

Hedge Funds Weigh In On iShares MSCI Singapore ETF

Several institutional investors have recently bought and sold shares of the business. Empowered Funds LLC acquired a new position in iShares MSCI Singapore ETF in the first quarter worth $243,000. Bank of America Corp DE increased its stake in shares of 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 valued at $3,090,000 after buying an additional 1,750 shares in the last quarter. Amundi raised its holdings in shares of iShares MSCI Singapore ETF by 4.8% in the first quarter. Amundi now owns 370,769 shares of the company’s stock valued at $10,463,000 after buying an additional 17,035 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of iShares MSCI Singapore ETF by 2.0% in the first quarter. Royal Bank of Canada now owns 159,794 shares of the company’s stock valued at $4,510,000 after buying an additional 3,136 shares during the last quarter. Finally, Quantinno Capital Management LP acquired a new position in iShares MSCI Singapore ETF during the 1st quarter worth about $264,000. Institutional investors own 52.30% of the company’s stock.

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. 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).