iShares MSCI Malaysia ETF $EWM Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its stake in shares of iShares MSCI Malaysia ETF (NYSEARCA:EWM) by 118.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 377,851 shares of the exchange traded fund’s stock after acquiring an additional 204,553 shares during the quarter. JPMorgan Chase & Co. owned approximately 3.79% of iShares MSCI Malaysia ETF worth $9,794,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of EWM. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Malaysia ETF in the 2nd quarter valued at about $84,000. Cibc World Market Inc. acquired a new stake in iShares MSCI Malaysia ETF during the third quarter valued at approximately $202,000. Trek Financial LLC bought a new position in iShares MSCI Malaysia ETF during the 2nd quarter worth approximately $203,000. Innealta Capital LLC acquired a new position in shares of iShares MSCI Malaysia ETF in the 2nd quarter worth approximately $205,000. Finally, Castlekeep Investment Advisors LLC bought a new stake in shares of iShares MSCI Malaysia ETF in the 3rd quarter valued at approximately $210,000. Institutional investors own 86.75% of the company’s stock.

iShares MSCI Malaysia ETF Trading Down 0.2%

EWM stock opened at $28.49 on Friday. The stock’s 50 day simple moving average is $28.83 and its 200 day simple moving average is $26.99. iShares MSCI Malaysia ETF has a 12-month low of $20.80 and a 12-month high of $30.14. The firm has a market cap of $350.43 million, a P/E ratio of 14.29 and a beta of 0.55.

iShares MSCI Malaysia ETF Company Profile

iShares MSCI Malaysia ETF, formerly iShares MSCI Malaysia Index Fund (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 Malaysian market, as measured by the MSCI Malaysia Index (the Index). The Index seeks to measure the performance of the Malaysian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.