156,155 Shares in iShares MSCI Hong Kong ETF $EWH Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC purchased a new stake in shares of iShares MSCI Hong Kong ETF (NYSEARCA:EWH) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 156,155 shares of the exchange traded fund’s stock, valued at approximately $3,318,000.

Other hedge funds also recently modified their holdings of the company. Amundi lifted its holdings in shares of iShares MSCI Hong Kong ETF by 59.6% in the first quarter. Amundi now owns 21,700 shares of the exchange traded fund’s stock valued at $379,000 after buying an additional 8,100 shares during the period. Jones Financial Companies Lllp bought a new position in iShares MSCI Hong Kong ETF during the first quarter valued at about $528,000. Goldman Sachs Group Inc. grew its holdings in iShares MSCI Hong Kong ETF by 3.0% during the first quarter. Goldman Sachs Group Inc. now owns 163,713 shares of the exchange traded fund’s stock worth $2,867,000 after acquiring an additional 4,716 shares during the period. Marshall Wace LLP acquired a new position in iShares MSCI Hong Kong ETF during the second quarter worth about $854,000. Finally, Cresset Asset Management LLC raised its position in iShares MSCI Hong Kong ETF by 8.8% in the second quarter. Cresset Asset Management LLC now owns 29,020 shares of the exchange traded fund’s stock worth $576,000 after acquiring an additional 2,342 shares in the last quarter. 50.59% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Hong Kong ETF Trading Up 1.4%

Shares of NYSEARCA EWH opened at $21.50 on Friday. iShares MSCI Hong Kong ETF has a twelve month low of $20.01 and a twelve month high of $24.66. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 14.69 and a beta of 0.39. The firm has a 50-day moving average of $22.47 and a two-hundred day moving average of $22.81.

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.