iShares MSCI Singapore ETF (NYSEARCA:EWS) Sees Strong Trading Volume – Here’s What Happened

Shares of iShares MSCI Singapore ETF (NYSEARCA:EWS) saw unusually-high trading volume on Monday . Approximately 1,342,877 shares changed hands during mid-day trading, an increase of 97% from the previous session’s volume of 682,855 shares.The stock last traded at $28.4750 and had previously closed at $28.45.

iShares MSCI Singapore ETF Stock Up 0.2%

The business has a fifty day moving average price of $28.52 and a 200-day moving average price of $26.86. The company has a market cap of $876.22 million, a P/E ratio of 15.28 and a beta of 0.69.

Hedge Funds Weigh In On iShares MSCI Singapore ETF

Large investors have recently bought and sold shares of the company. New Vernon Capital Holdings II LLC raised its holdings in iShares MSCI Singapore ETF by 3,088.3% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 7,693,749 shares of the company’s stock worth $182,803,000 after purchasing an additional 7,452,439 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in shares of iShares MSCI Singapore ETF by 1,054.7% during the 1st quarter. Hsbc Holdings PLC now owns 5,391,624 shares of the company’s stock worth $128,105,000 after buying an additional 4,924,677 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares MSCI Singapore ETF by 147.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 851,840 shares of the company’s stock worth $22,131,000 after buying an additional 506,960 shares during the period. Jane Street Group LLC increased its stake in shares of iShares MSCI Singapore ETF by 64.5% in the 1st quarter. Jane Street Group LLC now owns 600,000 shares of the company’s stock valued at $14,256,000 after acquiring an additional 235,265 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd grew its stake in shares of iShares MSCI Singapore ETF by 97.1% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 438,730 shares of the company’s stock valued at $12,438,000 after buying an additional 216,130 shares during the period. 52.30% of the stock is currently owned by institutional investors.

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.