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

iShares MSCI Singapore ETF (NYSEARCA:EWS) shares saw unusually-high trading volume on Friday . Approximately 574,717 shares changed hands 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 Stock Down 1.2 %

The firm’s 50-day simple moving average is $23.23 and its 200 day simple moving average is $22.51. The stock has a market capitalization of $799.65 million, a P/E ratio of 13.87 and a beta of 0.77.

Hedge Funds Weigh In On iShares MSCI Singapore ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC increased its holdings in iShares MSCI Singapore ETF by 62.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,789 shares of the company’s stock valued at $39,000 after buying an additional 689 shares during the period. Jones Financial Companies Lllp increased its stake in iShares MSCI Singapore ETF by 7.6% in the fourth quarter. Jones Financial Companies Lllp now owns 15,547 shares of the company’s stock valued at $340,000 after acquiring an additional 1,097 shares during the period. Vontobel Holding Ltd. raised its position in iShares MSCI Singapore ETF by 0.8% in the fourth quarter. Vontobel Holding Ltd. now owns 186,410 shares of the company’s stock worth $4,073,000 after purchasing an additional 1,422 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in iShares MSCI Singapore ETF by 3.4% during the fourth quarter. Integrated Wealth Concepts LLC now owns 59,696 shares of the company’s stock worth $1,304,000 after purchasing an additional 1,981 shares during the period. Finally, Whittier Trust Co. boosted its holdings in iShares MSCI Singapore ETF by 557.1% during the fourth quarter. Whittier Trust Co. now owns 2,359 shares of the company’s stock valued at $52,000 after purchasing an additional 2,000 shares in the last quarter.

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.