iShares MSCI Singapore ETF (NYSEARCA:EWS) Sees Unusually-High Trading Volume – Should You Buy?

Shares of iShares MSCI Singapore ETF (NYSEARCA:EWS) saw unusually-high trading volume on Friday . Approximately 484,110 shares were traded during trading, a decline of 3% from the previous session’s volume of 500,569 shares.The stock last traded at $23.02 and had previously closed at $22.94.

iShares MSCI Singapore ETF Price Performance

The company has a market cap of $516.83 million, a P/E ratio of 11.81 and a beta of 0.79. The stock’s 50-day moving average is $22.24 and its two-hundred day moving average is $20.85.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Vontobel Holding Ltd. raised its position in iShares MSCI Singapore ETF by 0.3% in the third quarter. Vontobel Holding Ltd. now owns 184,988 shares of the company’s stock worth $4,097,000 after acquiring an additional 617 shares during the period. Bank of Montreal Can increased its stake in shares of iShares MSCI Singapore ETF by 708.8% in the second quarter. Bank of Montreal Can now owns 185,435 shares of the company’s stock worth $3,570,000 after purchasing an additional 162,509 shares in the last quarter. Chicago Partners Investment Group LLC purchased a new stake in shares of iShares MSCI Singapore ETF in the third quarter worth $211,000. Sun Life Financial Inc. increased its stake in shares of iShares MSCI Singapore ETF by 176.5% in the second quarter. Sun Life Financial Inc. now owns 1,504,000 shares of the company’s stock worth $28,877,000 after purchasing an additional 960,100 shares in the last quarter. Finally, Idaho Trust Bank purchased a new stake in shares of iShares MSCI Singapore ETF in the second quarter worth $275,000.

iShares MSCI Singapore ETF Company Profile

iShares MSCI Singapore ETF, formerly iShares MSCI Singapore Index Fund (the Fund), is an exchange traded fund (ETF). The Funds seeks investment results that correspond to the price and yield performance of the MSCI Singapore Index (the Underlying Index). The Underlying Index consists of stocks traded primarily on the Singapore Stock Exchange.