iShares MSCI Singapore ETF (NYSEARCA:EWS) Hits New 1-Year High – Here’s Why

Shares of iShares MSCI Singapore ETF (NYSEARCA:EWS) reached a new 52-week high on Tuesday . The company traded as high as $25.19 and last traded at $25.12, with a volume of 321527 shares trading hands. The stock had previously closed at $24.94.

iShares MSCI Singapore ETF Stock Performance

The company has a 50-day moving average price of $23.48 and a 200-day moving average price of $22.86. The firm has a market capitalization of $698.16 million, a P/E ratio of 14.17 and a beta of 0.63.

Hedge Funds Weigh In On iShares MSCI Singapore ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC raised its stake in iShares MSCI Singapore ETF by 62.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,789 shares of the company’s stock worth $39,000 after buying an additional 689 shares during the period. WestEnd Advisors LLC raised its position in shares of iShares MSCI Singapore ETF by 166.3% during the first quarter. WestEnd Advisors LLC now owns 1,792 shares of the company’s stock worth $43,000 after purchasing an additional 1,119 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares MSCI Singapore ETF during the 1st quarter valued at about $43,000. Whittier Trust Co. grew its position in shares of iShares MSCI Singapore ETF by 557.1% in the 4th 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 during the period. Finally, IFP Advisors Inc acquired a new position in shares of iShares MSCI Singapore ETF in the 4th quarter valued at approximately $69,000.

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.