iShares MSCI Malaysia ETF (NYSEARCA:EWM) Share Price Pass Above 200 Day Moving Average – Here’s What Happened

iShares MSCI Malaysia ETF (NYSEARCA:EWM)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $23.74 and traded as high as $25.88. iShares MSCI Malaysia ETF shares last traded at $25.88, with a volume of 104,229 shares changing hands.

iShares MSCI Malaysia ETF Trading Down 0.3 %

The business has a fifty day simple moving average of $25.71 and a two-hundred day simple moving average of $23.78.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Sunbelt Securities Inc. bought a new position in iShares MSCI Malaysia ETF during the 1st quarter valued at approximately $261,000. Brookstone Capital Management bought a new position in shares of iShares MSCI Malaysia ETF during the first quarter valued at $215,000. Whitcomb & Hess Inc. raised its position in shares of iShares MSCI Malaysia ETF by 5.0% in the 1st quarter. Whitcomb & Hess Inc. now owns 321,013 shares of the exchange traded fund’s stock worth $6,995,000 after purchasing an additional 15,170 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in iShares MSCI Malaysia ETF in the first quarter worth about $578,000. Finally, Geneos Wealth Management Inc. purchased a new position in iShares MSCI Malaysia ETF in the 1st quarter worth approximately $45,000. 86.75% of the stock is owned by hedge funds and other institutional investors.

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).