iShares MSCI Singapore ETF (NYSEARCA:EWS) Hits New 1-Year High – What’s Next?

iShares MSCI Singapore ETF (NYSEARCA:EWS) shares reached a new 52-week high on Wednesday . The stock traded as high as $22.50 and last traded at $22.50, with a volume of 3265 shares traded. The stock had previously closed at $22.20.

iShares MSCI Singapore ETF Price Performance

The company’s fifty day simple moving average is $21.85 and its two-hundred day simple moving average is $20.37. The company has a market capitalization of $502.88 million, a price-to-earnings ratio of 11.81 and a beta of 0.79.

Institutional Investors Weigh In On iShares MSCI Singapore ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EWS. Chicago Partners Investment Group LLC acquired a new stake in iShares MSCI Singapore ETF in the 3rd quarter valued at $211,000. Idaho Trust Bank bought a new position in shares of iShares MSCI Singapore ETF in the 2nd quarter valued at about $275,000. Fiduciary Financial Group LLC bought a new position in shares of iShares MSCI Singapore ETF in the 2nd quarter valued at about $312,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares MSCI Singapore ETF in the 3rd quarter valued at about $477,000. Finally, All Season Financial Advisors Inc. bought a new position in shares of iShares MSCI Singapore ETF in the 2nd quarter valued at about $478,000.

About iShares MSCI Singapore ETF

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.