JPMorgan Chase & Co. Raises Holdings in iShares MSCI Malaysia ETF $EWM

JPMorgan Chase & Co. lifted its position 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. The institutional investor owned 377,851 shares of the exchange traded fund’s stock after buying 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 institutional investors and hedge funds have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in iShares MSCI Malaysia ETF during the 2nd quarter valued at about $84,000. Cresset Asset Management LLC bought a new position in shares of iShares MSCI Malaysia ETF during the 3rd quarter worth approximately $202,000. Cibc World Market Inc. purchased a new stake in shares of iShares MSCI Malaysia ETF during the 3rd quarter valued at $202,000. Castlekeep Investment Advisors LLC purchased a new stake in iShares MSCI Malaysia ETF in the third quarter valued at about $210,000. Finally, Trek Financial LLC purchased a new position in shares of iShares MSCI Malaysia ETF in the 2nd quarter valued at approximately $203,000. 86.75% of the stock is currently owned by institutional investors.

iShares MSCI Malaysia ETF Trading Up 0.5%

NYSEARCA:EWM opened at $28.43 on Friday. The firm has a fifty day simple moving average of $29.18 and a 200-day simple moving average of $27.40. iShares MSCI Malaysia ETF has a 12 month low of $20.80 and a 12 month high of $30.14. The company has a market capitalization of $349.69 million, a P/E ratio of 14.29 and a beta of 0.55.

About iShares MSCI Malaysia ETF

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.