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

iShares MSCI Singapore ETF (NYSEARCA:EWS) shares saw unusually-strong trading volume on Friday . Approximately 1,316,167 shares changed hands during trading, an increase of 83% from the previous session’s volume of 718,040 shares.The stock last traded at $27.5350 and had previously closed at $27.55.

iShares MSCI Singapore ETF Price Performance

The stock has a fifty day simple moving average of $28.01 and a two-hundred day simple moving average of $27.61. The firm has a market capitalization of $846.70 million, a P/E ratio of 15.28 and a beta of 0.69.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of EWS. Jane Street Group LLC grew its holdings in iShares MSCI Singapore ETF by 64.5% in the first quarter. Jane Street Group LLC now owns 600,000 shares of the company’s stock worth $14,256,000 after purchasing an additional 235,265 shares during the period. Amundi boosted its position in shares of iShares MSCI Singapore ETF by 37.6% during the 1st quarter. Amundi now owns 372,900 shares of the company’s stock worth $8,722,000 after purchasing an additional 101,900 shares in the last quarter. New Vernon Capital Holdings II LLC grew its stake in shares of iShares MSCI Singapore ETF by 3,088.3% in the 1st quarter. New Vernon Capital Holdings II LLC now owns 7,693,749 shares of the company’s stock valued at $182,803,000 after buying an additional 7,452,439 shares during the period. Sepio Capital LP increased its position in iShares MSCI Singapore ETF by 69.2% in the 1st quarter. Sepio Capital LP now owns 105,084 shares of the company’s stock valued at $2,497,000 after buying an additional 42,993 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its stake in iShares MSCI Singapore ETF by 239.0% during the 1st quarter. Jones Financial Companies Lllp now owns 52,702 shares of the company’s stock worth $1,252,000 after buying an additional 37,155 shares during the period. Institutional investors and hedge funds own 52.30% of the company’s stock.

iShares MSCI Singapore ETF Company 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).