iShares MSCI Singapore ETF (NYSEARCA:EWS) Sets New 52-Week High – Should You Buy?

iShares MSCI Singapore ETF (NYSEARCA:EWS) hit a new 52-week high during trading on Thursday . The company traded as high as $24.25 and last traded at $24.20, with a volume of 167128 shares trading hands. The stock had previously closed at $23.96.

iShares MSCI Singapore ETF Price Performance

The stock has a market capitalization of $799.65 million, a PE ratio of 13.87 and a beta of 0.77. The firm’s 50 day simple moving average is $23.23 and its 200 day simple moving average is $22.50.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC increased its stake in shares of iShares MSCI Singapore ETF by 34.9% in the third quarter. Integrated Wealth Concepts LLC now owns 57,715 shares of the company’s stock worth $1,278,000 after buying an additional 14,946 shares during the period. Millburn Ridgefield Corp increased its position in shares of iShares MSCI Singapore ETF by 0.5% in the third quarter. Millburn Ridgefield Corp now owns 490,435 shares of the company’s stock valued at $10,863,000 after acquiring an additional 2,242 shares during the period. Wellington Management Group LLP raised its stake in shares of iShares MSCI Singapore ETF by 3.9% during the third quarter. Wellington Management Group LLP now owns 482,603 shares of the company’s stock valued at $10,690,000 after acquiring an additional 18,030 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its holdings in shares of iShares MSCI Singapore ETF by 13.8% during the third quarter. Kovitz Investment Group Partners LLC now owns 18,068 shares of the company’s stock worth $401,000 after purchasing an additional 2,185 shares during the period. Finally, Jane Street Group LLC boosted its holdings in shares of iShares MSCI Singapore ETF by 34.5% during the third 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 period.

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.