iShares MSCI Hong Kong ETF (NYSEARCA:EWH) Stock Price Cross Above 200 Day Moving Average – Here’s What Happened

iShares MSCI Hong Kong ETF (NYSEARCA:EWH)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $16.68 and traded as high as $16.99. iShares MSCI Hong Kong ETF shares last traded at $16.92, with a volume of 880,821 shares.

iShares MSCI Hong Kong ETF Stock Performance

The business’s 50-day simple moving average is $17.48 and its two-hundred day simple moving average is $16.68.

Hedge Funds Weigh In On iShares MSCI Hong Kong ETF

A number of large investors have recently bought and sold shares of the company. National Bank of Canada FI lifted its position in shares of iShares MSCI Hong Kong ETF by 1,823.9% in the third quarter. National Bank of Canada FI now owns 10,389 shares of the exchange traded fund’s stock valued at $194,000 after acquiring an additional 9,849 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of iShares MSCI Hong Kong ETF by 23.1% in the 3rd quarter. Jane Street Group LLC now owns 362,719 shares of the exchange traded fund’s stock worth $6,768,000 after purchasing an additional 68,088 shares during the period. Parallax Volatility Advisers L.P. acquired a new position in iShares MSCI Hong Kong ETF during the third quarter valued at approximately $456,000. HighTower Advisors LLC increased its holdings in iShares MSCI Hong Kong ETF by 1.9% in the 3rd quarter. HighTower Advisors LLC now owns 102,964 shares of the exchange traded fund’s stock valued at $1,914,000 after purchasing an additional 1,911 shares in the last quarter. Finally, Pekin Hardy Strauss Inc. raised its holdings in shares of iShares MSCI Hong Kong ETF by 13.7% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 49,815 shares of the exchange traded fund’s stock valued at $930,000 after buying an additional 6,000 shares during the period. Hedge funds and other institutional investors own 50.59% of the company’s stock.

About iShares MSCI Hong Kong ETF

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).