LPL Financial LLC Invests $1.18 Million in iShares MSCI Hong Kong ETF (NYSEARCA:EWH)

LPL Financial LLC acquired a new stake in shares of iShares MSCI Hong Kong ETF (NYSEARCA:EWH) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 70,848 shares of the exchange traded fund’s stock, valued at approximately $1,180,000. LPL Financial LLC owned approximately 0.20% of iShares MSCI Hong Kong ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. USA Financial Formulas purchased a new position in iShares MSCI Hong Kong ETF during the 4th quarter valued at about $150,000. Drive Wealth Management LLC purchased a new position in iShares MSCI Hong Kong ETF during the fourth quarter valued at approximately $276,000. GenTrust LLC raised its stake in iShares MSCI Hong Kong ETF by 9.4% in the fourth quarter. GenTrust LLC now owns 18,691 shares of the exchange traded fund’s stock worth $311,000 after buying an additional 1,600 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in iShares MSCI Hong Kong ETF during the fourth quarter worth $394,000. Finally, Idaho Trust Bank boosted its position in iShares MSCI Hong Kong ETF by 3.2% during the 4th quarter. Idaho Trust Bank now owns 28,840 shares of the exchange traded fund’s stock valued at $480,000 after acquiring an additional 882 shares in the last quarter. Institutional investors own 50.59% of the company’s stock.

iShares MSCI Hong Kong ETF Trading Up 0.6 %

EWH opened at $16.43 on Friday. The stock has a fifty day moving average price of $17.21 and a 200-day moving average price of $17.23. The firm has a market cap of $554.51 million, a price-to-earnings ratio of 14.23 and a beta of 0.43. iShares MSCI Hong Kong ETF has a 12 month low of $14.83 and a 12 month high of $20.37.

iShares MSCI Hong Kong ETF Company 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).