Chung Wu Investment Group LLC Acquires New Stake in iShares MSCI Hong Kong ETF $EWH

Chung Wu Investment Group LLC bought a new position in iShares MSCI Hong Kong ETF (NYSEARCA:EWH) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,500 shares of the exchange traded fund’s stock, valued at approximately $169,000.

A number of other large investors have also made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of iShares MSCI Hong Kong ETF during the 1st quarter valued at about $42,000. USA Financial Formulas grew its position in iShares MSCI Hong Kong ETF by 39.8% during the first quarter. USA Financial Formulas now owns 12,582 shares of the exchange traded fund’s stock valued at $220,000 after buying an additional 3,580 shares during the period. Hsbc Holdings PLC purchased a new stake in iShares MSCI Hong Kong ETF during the first quarter valued at approximately $234,000. Upper Left Wealth Management LLC bought a new position in iShares MSCI Hong Kong ETF in the first quarter worth approximately $240,000. Finally, Wellington Management Group LLP bought a new position in iShares MSCI Hong Kong ETF in the first quarter worth approximately $275,000. 50.59% of the stock is currently owned by institutional investors.

iShares MSCI Hong Kong ETF Price Performance

Shares of EWH stock opened at $21.56 on Monday. The company has a market cap of $724.42 million, a price-to-earnings ratio of 14.69 and a beta of 0.57. iShares MSCI Hong Kong ETF has a 1 year low of $15.03 and a 1 year high of $22.05. The firm has a fifty day moving average price of $21.28 and a 200-day moving average price of $19.51.

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).