Taikang Asset Management Hong Kong Co Ltd Cuts Stake in iShares MSCI Hong Kong ETF (NYSEARCA:EWH)

Taikang Asset Management Hong Kong Co Ltd cut its position in iShares MSCI Hong Kong ETF (NYSEARCA:EWH) by 50.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 55,029 shares of the exchange traded fund’s stock after selling 55,029 shares during the period. Taikang Asset Management Hong Kong Co Ltd’s holdings in iShares MSCI Hong Kong ETF were worth $917,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Tradewinds Capital Management LLC bought a new stake in shares of iShares MSCI Hong Kong ETF during the fourth quarter valued at approximately $19,521,000. Catalyst Capital Advisors LLC boosted its stake in iShares MSCI Hong Kong ETF by 17.6% during the 4th quarter. Catalyst Capital Advisors LLC now owns 744,502 shares of the exchange traded fund’s stock valued at $12,403,000 after purchasing an additional 111,172 shares during the last quarter. Millburn Ridgefield Corp increased its holdings in shares of iShares MSCI Hong Kong ETF by 17.6% in the 4th quarter. Millburn Ridgefield Corp now owns 744,502 shares of the exchange traded fund’s stock worth $12,403,000 after purchasing an additional 111,172 shares in the last quarter. New York Life Investment Management LLC raised its stake in shares of iShares MSCI Hong Kong ETF by 11.3% in the fourth quarter. New York Life Investment Management LLC now owns 523,065 shares of the exchange traded fund’s stock worth $8,714,000 after purchasing an additional 53,192 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of iShares MSCI Hong Kong ETF by 23.1% during the third quarter. Jane Street Group LLC now owns 362,719 shares of the exchange traded fund’s stock valued at $6,768,000 after purchasing an additional 68,088 shares in the last quarter. Institutional investors own 50.59% of the company’s stock.

iShares MSCI Hong Kong ETF Price Performance

iShares MSCI Hong Kong ETF stock opened at $17.74 on Tuesday. iShares MSCI Hong Kong ETF has a one year low of $14.64 and a one year high of $20.37. The business’s fifty day moving average is $17.10 and its 200 day moving average is $17.29. The stock has a market capitalization of $643.96 million, a PE ratio of 15.83 and a beta of 0.50.

About iShares MSCI Hong Kong ETF

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).