iShares MSCI Singapore ETF (NYSEARCA:EWS) Stock Pass Below 50 Day Moving Average – Here’s What Happened

iShares MSCI Singapore ETF (NYSEARCA:EWS) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $23.34 and traded as low as $21.71. iShares MSCI Singapore ETF shares last traded at $21.84, with a volume of 1,442,399 shares traded.

iShares MSCI Singapore ETF Trading Down 6.6 %

The business has a 50-day simple moving average of $23.34 and a 200 day simple moving average of $22.58. The stock has a market cap of $751.30 million, a P/E ratio of 12.90 and a beta of 0.63.

Hedge Funds Weigh In On iShares MSCI Singapore ETF

A number of hedge funds have recently bought and sold shares of EWS. Steward Partners Investment Advisory LLC raised its holdings in shares of iShares MSCI Singapore ETF by 62.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,789 shares of the company’s stock valued at $39,000 after purchasing an additional 689 shares during the period. Whittier Trust Co. increased its stake in iShares MSCI Singapore ETF by 557.1% in the 4th quarter. Whittier Trust Co. now owns 2,359 shares of the company’s stock valued at $52,000 after buying an additional 2,000 shares during the last quarter. IFP Advisors Inc purchased a new position in iShares MSCI Singapore ETF in the fourth quarter worth $69,000. Stuart Chaussee & Associates Inc. purchased a new position in shares of iShares MSCI Singapore ETF in the 4th quarter worth about $84,000. Finally, Comerica Bank grew its position in shares of iShares MSCI Singapore ETF by 936.7% during the 4th quarter. Comerica Bank now owns 4,240 shares of the company’s stock valued at $93,000 after acquiring an additional 3,831 shares during the period.

About iShares MSCI Singapore ETF

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.