iShares MSCI Hong Kong ETF (NYSEARCA:EWH) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

iShares MSCI Hong Kong ETF (NYSEARCA:EWH) 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 traded.

iShares MSCI Hong Kong ETF Trading Up 1.3 %

The business’s fifty day simple moving average is $17.51 and its 200 day simple moving average is $16.68.

Institutional Trading of iShares MSCI Hong Kong ETF

Several hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC bought a new position in iShares MSCI Hong Kong ETF in the third quarter valued at about $67,000. National Bank of Canada FI boosted its stake in shares of iShares MSCI Hong Kong ETF by 1,823.9% in the 3rd quarter. National Bank of Canada FI now owns 10,389 shares of the exchange traded fund’s stock valued at $194,000 after purchasing an additional 9,849 shares during the last quarter. Hsbc Holdings PLC bought a new position in shares of iShares MSCI Hong Kong ETF in the 2nd quarter valued at about $254,000. Idaho Trust Bank acquired a new stake in shares of iShares MSCI Hong Kong ETF during the 2nd quarter worth approximately $404,000. Finally, Parallax Volatility Advisers L.P. bought a new stake in shares of iShares MSCI Hong Kong ETF during the third quarter worth approximately $456,000. 50.59% of the stock is owned by institutional investors.

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).