Hsbc Holdings PLC Takes $3.32 Million Position in iShares MSCI Hong Kong ETF $EWH

Hsbc Holdings PLC purchased a new position in iShares MSCI Hong Kong ETF (NYSEARCA:EWH) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 156,155 shares of the exchange traded fund’s stock, valued at approximately $3,318,000. Hsbc Holdings PLC owned about 0.51% of iShares MSCI Hong Kong ETF at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in EWH. Bank Julius Baer & Co. Ltd Zurich lifted its holdings in iShares MSCI Hong Kong ETF by 10.2% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,873,507 shares of the exchange traded fund’s stock valued at $61,062,000 after purchasing an additional 265,013 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares MSCI Hong Kong ETF by 381,086.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 583,216 shares of the exchange traded fund’s stock valued at $12,393,000 after buying an additional 583,063 shares during the last quarter. Cibc World Market Inc. raised its position in shares of iShares MSCI Hong Kong ETF by 3.7% in the fourth quarter. Cibc World Market Inc. now owns 490,035 shares of the exchange traded fund’s stock valued at $10,413,000 after buying an additional 17,618 shares during the last quarter. UBS Group AG lifted its stake in shares of iShares MSCI Hong Kong ETF by 11.4% in the third quarter. UBS Group AG now owns 477,407 shares of the exchange traded fund’s stock worth $10,288,000 after buying an additional 48,740 shares in the last quarter. Finally, Journey Advisory Group LLC lifted its stake in shares of iShares MSCI Hong Kong ETF by 31.2% in the fourth quarter. Journey Advisory Group LLC now owns 411,325 shares of the exchange traded fund’s stock worth $8,741,000 after buying an additional 97,818 shares in the last quarter. 50.59% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Hong Kong ETF Stock Performance

EWH opened at $21.09 on Monday. iShares MSCI Hong Kong ETF has a twelve month low of $19.77 and a twelve month high of $24.66. The firm has a market capitalization of $828.84 million, a PE ratio of 14.69 and a beta of 0.38. The firm’s 50-day moving average price is $22.92 and its 200 day moving average price is $22.85.

iShares MSCI Hong Kong ETF Profile

iShares MSCI Hong Kong Index Fund, formerly Shares MSCI Hong Kong ETF, (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 Hong Kong market, as measured by the MSCI Hong Kong Index (the Index). The Index consists of stocks traded primarily on the Stock Exchange of Hong Kong Limited. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.