iShares MSCI Singapore ETF (NYSEARCA:EWS) Sees Large Volume Increase – Should You Buy?

Shares of iShares MSCI Singapore ETF (NYSEARCA:EWS) saw an uptick in trading volume on Friday . 574,717 shares traded hands during trading, an increase of 10% from the previous session’s volume of 522,686 shares.The stock last traded at $23.94 and had previously closed at $24.17.

iShares MSCI Singapore ETF Price Performance

The firm has a market cap of $800.82 million, a price-to-earnings ratio of 13.87 and a beta of 0.77. The firm’s fifty day moving average is $23.19 and its two-hundred day moving average is $22.48.

Institutional Investors Weigh In On iShares MSCI Singapore ETF

A number of institutional investors have recently added to or reduced their stakes in EWS. Sun Life Financial Inc. raised its stake in shares of iShares MSCI Singapore ETF by 22.8% in the 4th quarter. Sun Life Financial Inc. now owns 1,522,600 shares of the company’s stock worth $33,269,000 after buying an additional 282,700 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares MSCI Singapore ETF by 63.6% in the 4th quarter. JPMorgan Chase & Co. now owns 1,388,961 shares of the company’s stock valued at $30,349,000 after acquiring an additional 539,857 shares during the last quarter. Tradewinds Capital Management LLC bought a new position in shares of iShares MSCI Singapore ETF during the 4th quarter valued at about $28,060,000. Jane Street Group LLC grew its stake in shares of iShares MSCI Singapore ETF by 34.5% in the 3rd quarter. Jane Street Group LLC now owns 616,978 shares of the company’s stock worth $13,666,000 after purchasing an additional 158,306 shares during the last quarter. Finally, Millburn Ridgefield Corp raised its holdings in shares of iShares MSCI Singapore ETF by 0.5% in the 3rd quarter. Millburn Ridgefield Corp now owns 490,435 shares of the company’s stock worth $10,863,000 after purchasing an additional 2,242 shares in the last quarter.

iShares MSCI Singapore ETF Company Profile

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.