Bank Julius Baer & Co. Ltd Zurich Purchases 265,013 Shares of iShares MSCI Hong Kong ETF $EWH

Bank Julius Baer & Co. Ltd Zurich increased its stake in iShares MSCI Hong Kong ETF (NYSEARCA:EWH) by 10.2% during the 4th quarter, HoldingsChannel reports. The firm owned 2,873,507 shares of the exchange traded fund’s stock after buying an additional 265,013 shares during the period. Bank Julius Baer & Co. Ltd Zurich owned about 0.09% of iShares MSCI Hong Kong ETF worth $61,062,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EWH. Journey Advisory Group LLC purchased a new stake in iShares MSCI Hong Kong ETF in the third quarter worth approximately $6,756,000. Flow Traders U.S. LLC purchased a new stake in iShares MSCI Hong Kong ETF in the third quarter worth approximately $5,510,000. HRT Financial LP purchased a new stake in iShares MSCI Hong Kong ETF in the second quarter worth approximately $3,573,000. Bank of America Corp DE boosted its holdings in iShares MSCI Hong Kong ETF by 193.9% in the third quarter. Bank of America Corp DE now owns 205,719 shares of the exchange traded fund’s stock worth $4,433,000 after purchasing an additional 135,714 shares during the last quarter. Finally, Zacks Investment Management boosted its holdings in iShares MSCI Hong Kong ETF by 291.3% in the third quarter. Zacks Investment Management now owns 84,767 shares of the exchange traded fund’s stock worth $1,827,000 after purchasing an additional 63,103 shares during the last quarter. Hedge funds and other institutional investors own 50.59% of the company’s stock.

iShares MSCI Hong Kong ETF Trading Up 1.5%

Shares of EWH stock opened at $24.55 on Thursday. iShares MSCI Hong Kong ETF has a 12-month low of $18.69 and a 12-month high of $24.66. The firm’s 50 day moving average is $23.33 and its 200 day moving average is $22.77. The stock has a market capitalization of $964.82 million, a P/E ratio of 14.69 and a beta of 0.39.

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). The Index consists of stocks traded primarily on the Stock Exchange of Hong Kong Limited. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.