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

iShares MSCI Singapore ETF (NYSEARCA:EWS) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $23.95 and last traded at $23.91, with a volume of 145452 shares traded. The stock had previously closed at $23.47.

iShares MSCI Singapore ETF Stock Up 2.3 %

The company has a 50 day simple moving average of $22.61 and a two-hundred day simple moving average of $22.13. The company has a market capitalization of $781.53 million, a P/E ratio of 14.98 and a beta of 0.77.

Hedge Funds Weigh In On iShares MSCI Singapore ETF

Several hedge funds have recently added to or reduced their stakes in the company. Mutual Advisors LLC purchased a new position in shares of iShares MSCI Singapore ETF during the fourth quarter valued at approximately $244,000. Robertson Stephens Wealth Management LLC bought a new stake in shares of iShares MSCI Singapore ETF during the 4th quarter worth approximately $3,016,000. Barclays PLC boosted its holdings in iShares MSCI Singapore ETF by 232,620.9% during the 3rd quarter. Barclays PLC now owns 100,070 shares of the company’s stock valued at $2,216,000 after acquiring an additional 100,027 shares during the period. Geneos Wealth Management Inc. bought a new position in iShares MSCI Singapore ETF in the 4th quarter valued at $1,711,000. Finally, Commons Capital LLC increased its stake in iShares MSCI Singapore ETF by 125.4% in the fourth quarter. Commons Capital LLC now owns 36,799 shares of the company’s stock worth $804,000 after purchasing an additional 20,474 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.