Whitcomb & Hess Inc. Buys New Shares in iShares MSCI Malaysia ETF $EWM

Whitcomb & Hess Inc. purchased a new position in shares of iShares MSCI Malaysia ETF (NYSEARCA:EWM) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 395,199 shares of the exchange traded fund’s stock, valued at approximately $10,821,000. iShares MSCI Malaysia ETF comprises about 2.3% of Whitcomb & Hess Inc.’s portfolio, making the stock its 18th biggest position. Whitcomb & Hess Inc. owned 3.99% of iShares MSCI Malaysia ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada boosted its holdings in iShares MSCI Malaysia ETF by 506.5% during the first quarter. Royal Bank of Canada now owns 75,987 shares of the exchange traded fund’s stock worth $2,159,000 after purchasing an additional 63,459 shares during the last quarter. Bank of America Corp DE increased its stake in iShares MSCI Malaysia ETF by 118.4% in the 1st quarter. Bank of America Corp DE now owns 64,049 shares of the exchange traded fund’s stock valued at $1,820,000 after buying an additional 34,724 shares during the last quarter. NewEdge Advisors LLC bought a new stake in iShares MSCI Malaysia ETF during the 1st quarter worth about $364,000. First Growth Capital LLC bought a new stake in iShares MSCI Malaysia ETF during the 4th quarter worth about $356,000. Finally, Cullen Capital Management LLC acquired a new position in shares of iShares MSCI Malaysia ETF during the 2nd quarter worth about $312,000. 86.75% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Malaysia ETF Trading Down 1.9%

Shares of NYSEARCA EWM traded down $0.51 during mid-day trading on Wednesday, hitting $26.61. The company had a trading volume of 90,834 shares, compared to its average volume of 322,377. The firm has a 50-day simple moving average of $27.98 and a two-hundred day simple moving average of $28.27. The company has a market capitalization of $263.44 million, a PE ratio of 14.29 and a beta of 0.46. iShares MSCI Malaysia ETF has a one year low of $25.32 and a one year high of $30.64.

About iShares MSCI Malaysia ETF

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.