Sun Life Financial Inc. Increases Holdings in iShares MSCI Malaysia ETF (NYSEARCA:EWM)

Sun Life Financial Inc. boosted its position in iShares MSCI Malaysia ETF (NYSEARCA:EWM) by 159.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 510,700 shares of the exchange traded fund’s stock after buying an additional 313,900 shares during the quarter. iShares MSCI Malaysia ETF makes up approximately 0.7% of Sun Life Financial Inc.’s portfolio, making the stock its 19th biggest position. Sun Life Financial Inc.’s holdings in iShares MSCI Malaysia ETF were worth $11,470,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Geneos Wealth Management Inc. bought a new stake in iShares MSCI Malaysia ETF in the first quarter worth $45,000. Brookstone Capital Management bought a new stake in shares of iShares MSCI Malaysia ETF in the 1st quarter valued at about $215,000. Coppell Advisory Solutions Corp. bought a new stake in shares of iShares MSCI Malaysia ETF in the 1st quarter valued at about $244,000. Sunbelt Securities Inc. purchased a new stake in iShares MSCI Malaysia ETF during the 1st quarter valued at about $261,000. Finally, V Square Quantitative Management LLC bought a new position in iShares MSCI Malaysia ETF during the 1st quarter worth approximately $285,000. 86.75% of the stock is currently owned by institutional investors.

iShares MSCI Malaysia ETF Price Performance

NYSEARCA:EWM opened at $26.34 on Wednesday. iShares MSCI Malaysia ETF has a fifty-two week low of $20.29 and a fifty-two week high of $26.39. The business has a 50 day moving average price of $24.31 and a 200-day moving average price of $23.08.

iShares MSCI Malaysia ETF 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).