iShares MSCI Malaysia ETF $EWM Shares Sold by UBS Group AG

UBS Group AG reduced its stake in shares of iShares MSCI Malaysia ETF (NYSEARCA:EWM) by 16.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 587,662 shares of the exchange traded fund’s stock after selling 119,838 shares during the quarter. UBS Group AG owned approximately 0.05% of iShares MSCI Malaysia ETF worth $16,078,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in EWM. Royal Bank of Canada grew its holdings in iShares MSCI Malaysia ETF by 34.5% during the 1st quarter. Royal Bank of Canada now owns 47,597 shares of the exchange traded fund’s stock worth $1,099,000 after acquiring an additional 12,202 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in iShares MSCI Malaysia ETF during the 2nd quarter worth $305,000. Qube Research & Technologies Ltd acquired a new position in iShares MSCI Malaysia ETF during the 2nd quarter worth $541,000. Raymond James Financial Inc. acquired a new position in iShares MSCI Malaysia ETF during the 2nd quarter worth $84,000. Finally, Bank of America Corp DE grew its holdings in iShares MSCI Malaysia ETF by 17.9% during the 2nd quarter. Bank of America Corp DE now owns 39,063 shares of the exchange traded fund’s stock worth $951,000 after acquiring an additional 5,920 shares in the last quarter. 86.75% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Malaysia ETF Price Performance

Shares of EWM stock opened at $30.16 on Wednesday. The firm has a market cap of $377.60 million, a P/E ratio of 14.29 and a beta of 0.48. iShares MSCI Malaysia ETF has a 1-year low of $23.34 and a 1-year high of $30.64. The firm has a fifty day moving average of $28.97 and a two-hundred day moving average of $28.13.

iShares MSCI Malaysia ETF Company Profile

iShares MSCI Malaysia ETF, formerly iShares MSCI Malaysia Index Fund (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 Malaysian market, as measured by the MSCI Malaysia Index (the Index). The Index seeks to measure the performance of the Malaysian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.