Pekin Hardy Strauss Inc. Raises Position in iShares MSCI Singapore ETF $EWS

Pekin Hardy Strauss Inc. increased its stake in iShares MSCI Singapore ETF (NYSEARCA:EWS) by 267.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 49,365 shares of the company’s stock after purchasing an additional 35,920 shares during the quarter. Pekin Hardy Strauss Inc.’s holdings in iShares MSCI Singapore ETF were worth $1,399,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EWS. JPMorgan Chase & Co. boosted its holdings in iShares MSCI Singapore ETF by 147.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 851,840 shares of the company’s stock worth $22,131,000 after acquiring an additional 506,960 shares during the period. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in shares of iShares MSCI Singapore ETF by 97.1% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 438,730 shares of the company’s stock valued at $12,438,000 after purchasing an additional 216,130 shares during the period. Amundi grew its holdings in iShares MSCI Singapore ETF by 10.7% during the 2nd quarter. Amundi now owns 412,700 shares of the company’s stock valued at $10,685,000 after purchasing an additional 39,800 shares in the last quarter. Moran Wealth Management LLC increased its stake in iShares MSCI Singapore ETF by 1.8% during the 3rd quarter. Moran Wealth Management LLC now owns 362,312 shares of the company’s stock worth $10,268,000 after buying an additional 6,487 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in iShares MSCI Singapore ETF by 73.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 351,611 shares of the company’s stock worth $9,134,000 after buying an additional 149,449 shares in the last quarter. 52.30% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Singapore ETF Price Performance

NYSEARCA:EWS opened at $29.43 on Friday. The firm has a 50-day moving average of $28.14 and a two-hundred day moving average of $28.20. The stock has a market cap of $801.97 million, a P/E ratio of 15.28 and a beta of 0.69. iShares MSCI Singapore ETF has a 1-year low of $20.08 and a 1-year high of $29.65.

iShares MSCI Singapore ETF Profile

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Fund’s investment advisor is BlackRock Fund Advisors (BFA).