Dai ichi Life Holdings Inc. Invests $1.02 Million in iShares MSCI Hong Kong ETF (NYSEARCA:EWH)

Dai ichi Life Holdings Inc. bought a new stake in iShares MSCI Hong Kong ETF (NYSEARCA:EWH) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 60,700 shares of the exchange traded fund’s stock, valued at approximately $1,017,000. iShares MSCI Hong Kong ETF comprises approximately 1.1% of Dai ichi Life Holdings Inc.’s portfolio, making the stock its 17th largest position. Dai ichi Life Holdings Inc. owned about 0.17% of iShares MSCI Hong Kong ETF as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of EWH. USA Financial Formulas bought a new stake in iShares MSCI Hong Kong ETF in the fourth quarter valued at approximately $150,000. National Bank of Canada FI increased its stake in shares of iShares MSCI Hong Kong ETF by 1,823.9% in the third quarter. National Bank of Canada FI now owns 10,389 shares of the exchange traded fund’s stock worth $194,000 after buying an additional 9,849 shares during the period. Wells Fargo & Company MN raised its holdings in iShares MSCI Hong Kong ETF by 59.5% during the 4th quarter. Wells Fargo & Company MN now owns 12,626 shares of the exchange traded fund’s stock valued at $210,000 after buying an additional 4,711 shares during the last quarter. Drive Wealth Management LLC purchased a new stake in iShares MSCI Hong Kong ETF during the 4th quarter valued at $276,000. Finally, GenTrust LLC grew its holdings in iShares MSCI Hong Kong ETF by 9.4% in the 4th quarter. GenTrust LLC now owns 18,691 shares of the exchange traded fund’s stock worth $311,000 after acquiring an additional 1,600 shares during the last quarter. 50.59% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Hong Kong ETF Trading Down 3.1 %

Shares of NYSEARCA:EWH opened at $15.20 on Wednesday. The company has a market cap of $513 million, a price-to-earnings ratio of 14.23 and a beta of 0.43. iShares MSCI Hong Kong ETF has a 12 month low of $14.64 and a 12 month high of $20.37. The company has a 50-day moving average price of $17.25 and a 200-day moving average price of $17.36.

About iShares MSCI Hong Kong ETF

iShares MSCI Hong Kong Index Fund, formerly Shares MSCI Hong Kong ETF, (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 Hong Kong market, as measured by the MSCI Hong Kong Index (the Index).