Mirae Asset Global Investments Co. Ltd. Raises Stock Holdings in iShares MSCI Hong Kong ETF $EWH

Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of iShares MSCI Hong Kong ETF (NYSEARCA:EWH) by 316.7% in the 2nd quarter, Holdings Channel reports. The firm owned 27,834 shares of the exchange traded fund’s stock after acquiring an additional 21,155 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares MSCI Hong Kong ETF were worth $553,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of iShares MSCI Hong Kong ETF during the first quarter worth about $42,000. Hsbc Holdings PLC bought a new stake in iShares MSCI Hong Kong ETF in the 1st quarter worth approximately $234,000. Wellington Management Group LLP bought a new stake in iShares MSCI Hong Kong ETF in the 1st quarter worth approximately $275,000. Cyndeo Wealth Partners LLC bought a new stake in iShares MSCI Hong Kong ETF in the 1st quarter worth approximately $281,000. Finally, Sigma Planning Corp bought a new stake in iShares MSCI Hong Kong ETF in the 1st quarter worth approximately $314,000. Hedge funds and other institutional investors own 50.59% of the company’s stock.

iShares MSCI Hong Kong ETF Price Performance

NYSEARCA:EWH opened at $20.66 on Friday. The business has a 50 day moving average of $21.33 and a 200 day moving average of $19.61. The company has a market capitalization of $694.18 million, a price-to-earnings ratio of 14.69 and a beta of 0.57. iShares MSCI Hong Kong ETF has a 1-year low of $15.03 and a 1-year high of $22.05.

iShares MSCI Hong Kong ETF Profile

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).