iShares MSCI Singapore ETF (NYSEARCA:EWS) Reaches New 52-Week High – Still a Buy?

iShares MSCI Singapore ETF (NYSEARCA:EWS) hit a new 52-week high during trading on Monday . The company traded as high as $25.68 and last traded at $25.58, with a volume of 460970 shares trading hands. The stock had previously closed at $25.59.

iShares MSCI Singapore ETF Price Performance

The stock has a market cap of $709.91 million, a PE ratio of 14.22 and a beta of 0.63. The business has a 50 day simple moving average of $23.58 and a 200 day simple moving average of $22.94.

Institutional Trading of iShares MSCI Singapore ETF

Several institutional investors have recently bought and sold shares of EWS. Steward Partners Investment Advisory LLC grew its stake in shares of iShares MSCI Singapore ETF by 62.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,789 shares of the company’s stock worth $39,000 after purchasing an additional 689 shares during the period. WestEnd Advisors LLC boosted 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 buying an additional 1,119 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in iShares MSCI Singapore ETF during the first quarter worth about $43,000. Whittier Trust Co. raised 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 worth $52,000 after acquiring an additional 2,000 shares in the last quarter. Finally, IFP Advisors Inc bought a new stake in iShares MSCI Singapore ETF during the fourth quarter worth about $69,000.

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.