iShares MSCI Hong Kong ETF (NYSEARCA:EWH) Stock Price Pass Above 200 Day Moving Average – Here’s Why

iShares MSCI Hong Kong ETF (NYSEARCA:EWH) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $16.68 and traded as high as $16.99. iShares MSCI Hong Kong ETF shares last traded at $16.92, with a volume of 880,821 shares traded.

iShares MSCI Hong Kong ETF Trading Up 1.3 %

The firm’s fifty day moving average price is $17.51 and its 200-day moving average price is $16.68.

Hedge Funds Weigh In On iShares MSCI Hong Kong ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Idaho Trust Bank bought a new position in iShares MSCI Hong Kong ETF during the 2nd quarter valued at about $404,000. Pekin Hardy Strauss Inc. boosted its holdings in shares of iShares MSCI Hong Kong ETF by 13.7% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 49,815 shares of the exchange traded fund’s stock worth $930,000 after acquiring an additional 6,000 shares in the last quarter. Raymond James & Associates grew its position in iShares MSCI Hong Kong ETF by 3.4% during the 2nd quarter. Raymond James & Associates now owns 290,072 shares of the exchange traded fund’s stock worth $4,438,000 after acquiring an additional 9,584 shares during the last quarter. Main Management ETF Advisors LLC grew its position in iShares MSCI Hong Kong ETF by 55.3% during the 2nd quarter. Main Management ETF Advisors LLC now owns 517,770 shares of the exchange traded fund’s stock worth $7,922,000 after acquiring an additional 184,320 shares during the last quarter. Finally, Farther Finance Advisors LLC acquired a new stake in iShares MSCI Hong Kong ETF during the 3rd quarter valued at $67,000. 50.59% of the stock is owned by institutional investors.

iShares MSCI Hong Kong ETF Company 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).