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

iShares MSCI Malaysia ETF (NYSEARCA:EWM)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $26.69 and traded as high as $30.14. iShares MSCI Malaysia ETF shares last traded at $30.13, with a volume of 771,629 shares.

iShares MSCI Malaysia ETF Stock Up 1.0%

The firm has a market cap of $370.60 million, a P/E ratio of 14.29 and a beta of 0.55. The firm has a fifty day moving average of $28.45 and a 200-day moving average of $26.69.

Institutional Trading of iShares MSCI Malaysia ETF

Several hedge funds and other institutional investors have recently modified their holdings of EWM. Jessup Wealth Management Inc acquired a new position in shares of iShares MSCI Malaysia ETF in the fourth quarter valued at about $72,000. BOCHK Asset Management Ltd grew its position in shares of iShares MSCI Malaysia ETF by 250.0% during the 4th quarter. BOCHK Asset Management Ltd now owns 2,800 shares of the exchange traded fund’s stock worth $77,000 after purchasing an additional 2,000 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares MSCI Malaysia ETF during the second quarter worth approximately $84,000. AlphaCentric Advisors LLC bought a new position in iShares MSCI Malaysia ETF during the 4th quarter worth $152,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares MSCI Malaysia ETF in the fourth quarter worth $161,000. Institutional investors own 86.75% of the company’s stock.

iShares MSCI Malaysia ETF Company Profile

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.