iShares MSCI Singapore ETF (NYSEARCA:EWS) Hits New 52-Week High – Here’s Why

iShares MSCI Singapore ETF (NYSEARCA:EWS)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $22.63 and last traded at $22.63, with a volume of 93604 shares traded. The stock had previously closed at $22.59.

iShares MSCI Singapore ETF Trading Down 0.1 %

The firm’s 50-day moving average price is $21.98 and its 200 day moving average price is $20.48. The company has a market cap of $513.45 million, a price-to-earnings ratio of 11.81 and a beta of 0.79.

Institutional Trading of iShares MSCI Singapore ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC raised its holdings in iShares MSCI Singapore ETF by 247.3% during the first quarter. Jane Street Group LLC now owns 469,735 shares of the company’s stock worth $8,624,000 after buying an additional 334,473 shares during the last quarter. Simplicity Wealth LLC raised its holdings in shares of iShares MSCI Singapore ETF by 2.2% in the 2nd quarter. Simplicity Wealth LLC now owns 216,319 shares of the company’s stock worth $4,153,000 after acquiring an additional 4,624 shares during the last quarter. Fiduciary Financial Group LLC bought a new position in iShares MSCI Singapore ETF in the 2nd quarter valued at about $312,000. All Season Financial Advisors Inc. acquired a new position in iShares MSCI Singapore ETF during the 2nd quarter valued at about $478,000. Finally, Catalyst Capital Advisors LLC increased its holdings in iShares MSCI Singapore ETF by 8.0% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 488,193 shares of the company’s stock worth $9,373,000 after purchasing an additional 35,989 shares in the last quarter.

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.