Royal Bank of Canada Purchases 63,459 Shares of iShares MSCI Malaysia ETF $EWM

Royal Bank of Canada boosted its position in iShares MSCI Malaysia ETF (NYSEARCA:EWM) by 506.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 75,987 shares of the exchange traded fund’s stock after buying an additional 63,459 shares during the period. Royal Bank of Canada owned approximately 0.61% of iShares MSCI Malaysia ETF worth $2,159,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. UBS Group AG raised its position in shares of iShares MSCI Malaysia ETF by 175.8% in the 3rd quarter. UBS Group AG now owns 707,500 shares of the exchange traded fund’s stock worth $18,338,000 after acquiring an additional 451,008 shares in the last quarter. Sun Life Financial Inc. bought a new stake in shares of iShares MSCI Malaysia ETF during the 4th quarter valued at about $10,320,000. Graham Capital Management L.P. bought a new stake in shares of iShares MSCI Malaysia ETF during the 4th quarter valued at about $3,010,000. State of Wisconsin Investment Board acquired a new stake in iShares MSCI Malaysia ETF during the fourth quarter worth approximately $2,364,000. Finally, OLD Mission Capital LLC acquired a new stake in iShares MSCI Malaysia ETF during the fourth quarter worth approximately $1,917,000. Institutional investors own 86.75% of the company’s stock.

iShares MSCI Malaysia ETF Stock Performance

Shares of EWM stock opened at $28.11 on Tuesday. The company has a market cap of $324.67 million, a P/E ratio of 14.29 and a beta of 0.47. The stock has a 50 day simple moving average of $27.68 and a two-hundred day simple moving average of $28.63. iShares MSCI Malaysia ETF has a fifty-two week low of $24.65 and a fifty-two week high of $30.64.

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.