Pekin Hardy Strauss Inc. Buys 161,575 Shares of iShares MSCI Hong Kong ETF $EWH

Pekin Hardy Strauss Inc. bought a new position in shares of iShares MSCI Hong Kong ETF (NYSEARCA:EWH) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 161,575 shares of the exchange traded fund’s stock, valued at approximately $3,572,000.

Several other large investors have also recently added to or reduced their stakes in the business. Legacy Financial Independent Advisors LLC acquired a new stake in iShares MSCI Hong Kong ETF in the 3rd quarter worth about $201,000. Commonwealth Equity Services LLC acquired a new position in shares of iShares MSCI Hong Kong ETF during the 3rd quarter valued at about $550,000. Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of iShares MSCI Hong Kong ETF during the 3rd quarter worth about $106,585,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of iShares MSCI Hong Kong ETF during the 3rd quarter worth about $133,000. Finally, Outlook Wealth Advisors LLC lifted its holdings in shares of iShares MSCI Hong Kong ETF by 41.3% during the 3rd quarter. Outlook Wealth Advisors LLC now owns 24,218 shares of the exchange traded fund’s stock worth $535,000 after acquiring an additional 7,081 shares during the period. 50.59% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Hong Kong ETF Stock Performance

EWH opened at $23.21 on Friday. The company’s 50 day simple moving average is $22.35 and its 200 day simple moving average is $22.75. iShares MSCI Hong Kong ETF has a 1 year low of $20.78 and a 1 year high of $24.66. The stock has a market capitalization of $1.28 billion, a PE ratio of 14.69 and a beta of 0.37.

iShares MSCI Hong Kong ETF Profile

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.