iShares MSCI Malaysia ETF (NYSEARCA:EWM) Stock Cross Above Two Hundred Day Moving Average – Time to Sell?

iShares MSCI Malaysia ETF (NYSEARCA:EWM) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $25.70 and traded as high as $28.18. iShares MSCI Malaysia ETF shares last traded at $28.05, with a volume of 660,698 shares changing hands.

iShares MSCI Malaysia ETF Stock Up 0.3%

The stock has a 50 day simple moving average of $26.89 and a two-hundred day simple moving average of $25.70. The stock has a market capitalization of $305.18 million, a P/E ratio of 14.29 and a beta of 0.55.

Institutional Trading of iShares MSCI Malaysia ETF

A number of institutional investors have recently bought and sold shares of the business. Zacks Investment Management boosted its position in shares of iShares MSCI Malaysia ETF by 4.1% during the 3rd quarter. Zacks Investment Management now owns 22,913 shares of the exchange traded fund’s stock worth $594,000 after acquiring an additional 892 shares in the last quarter. Fluent Financial LLC raised its stake in iShares MSCI Malaysia ETF by 6.0% during the third quarter. Fluent Financial LLC now owns 59,566 shares of the exchange traded fund’s stock worth $1,544,000 after buying an additional 3,393 shares during the last quarter. Raymond James Financial Inc. acquired a new position in iShares MSCI Malaysia ETF in the second quarter valued at approximately $84,000. Mount Lucas Management LP raised its holdings in shares of iShares MSCI Malaysia ETF by 10.7% during the third quarter. Mount Lucas Management LP now owns 36,984 shares of the exchange traded fund’s stock valued at $959,000 after purchasing an additional 3,566 shares during the period. Finally, Bank of America Corp DE raised its holdings in iShares MSCI Malaysia ETF by 17.9% during the second quarter. Bank of America Corp DE now owns 39,063 shares of the exchange traded fund’s stock worth $951,000 after buying an additional 5,920 shares during the last quarter. Institutional investors own 86.75% of the company’s stock.

About iShares MSCI Malaysia ETF

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). The Index seeks to measure the performance of the Malaysian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.