iShares MSCI Singapore ETF (NYSEARCA:EWS) Hits New 52-Week High – Time to Buy?

iShares MSCI Singapore ETF (NYSEARCA:EWS) reached a new 52-week high during trading on Friday . The stock traded as high as $29.65 and last traded at $29.64, with a volume of 179344 shares trading hands. The stock had previously closed at $29.15.

iShares MSCI Singapore ETF Trading Up 0.9%

The stock has a market cap of $805.83 million, a P/E ratio of 15.28 and a beta of 0.59. The company has a 50 day simple moving average of $28.34 and a 200 day simple moving average of $28.23.

Institutional Investors Weigh In On iShares MSCI Singapore ETF

Several large investors have recently made changes to their positions in the stock. Marshall Wace LLP bought a new stake in iShares MSCI Singapore ETF in the 2nd quarter valued at $1,833,000. Amundi raised its stake in iShares MSCI Singapore ETF by 10.7% in the 2nd quarter. Amundi now owns 412,700 shares of the company’s stock valued at $10,685,000 after acquiring an additional 39,800 shares during the period. Qube Research & Technologies Ltd raised its stake in iShares MSCI Singapore ETF by 290.3% in the 2nd quarter. Qube Research & Technologies Ltd now owns 155,254 shares of the company’s stock valued at $4,033,000 after acquiring an additional 115,473 shares during the period. HUB Investment Partners LLC bought a new stake in iShares MSCI Singapore ETF in the 2nd quarter valued at $390,000. Finally, Raymond James Financial Inc. raised its stake in iShares MSCI Singapore ETF by 7.8% in the 2nd quarter. Raymond James Financial Inc. now owns 27,123 shares of the company’s stock valued at $705,000 after acquiring an additional 1,953 shares during the period. Institutional investors and hedge funds own 52.30% of the company’s stock.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Fund’s investment advisor is BlackRock Fund Advisors (BFA).