SG Americas Securities LLC Sells 287,090 Shares of iShares MSCI Hong Kong ETF $EWH

SG Americas Securities LLC lessened its position in shares of iShares MSCI Hong Kong ETF (NYSEARCA:EWH) by 97.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,955 shares of the exchange traded fund’s stock after selling 287,090 shares during the quarter. SG Americas Securities LLC’s holdings in iShares MSCI Hong Kong ETF were worth $184,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Kestra Advisory Services LLC bought a new stake in iShares MSCI Hong Kong ETF during the 4th quarter worth about $27,000. Comerica Bank raised its stake in shares of iShares MSCI Hong Kong ETF by 59.2% during the third quarter. Comerica Bank now owns 1,770 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 658 shares during the last quarter. Harbour Investments Inc. lifted its holdings in iShares MSCI Hong Kong ETF by 461.0% in the fourth quarter. Harbour Investments Inc. now owns 3,119 shares of the exchange traded fund’s stock valued at $66,000 after buying an additional 2,563 shares during the period. Advisors Preferred LLC acquired a new position in iShares MSCI Hong Kong ETF in the fourth quarter valued at approximately $80,000. Finally, Group One Trading LLC bought a new position in iShares MSCI Hong Kong ETF in the second quarter valued at approximately $179,000. Institutional investors own 50.59% of the company’s stock.

iShares MSCI Hong Kong ETF Price Performance

Shares of iShares MSCI Hong Kong ETF stock traded up $0.29 on Friday, hitting $21.50. 2,295,457 shares of the company’s stock traded hands, compared to its average volume of 4,417,294. The firm’s 50-day moving average price is $22.47 and its two-hundred day moving average price is $22.81. The stock has a market capitalization of $1.16 billion, a PE ratio of 14.69 and a beta of 0.39. iShares MSCI Hong Kong ETF has a one year low of $20.01 and a one year high of $24.66.

About iShares MSCI Hong Kong ETF

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). The Index consists of stocks traded primarily on the Stock Exchange of Hong Kong Limited. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.