iShares MSCI Hong Kong ETF (NYSEARCA:EWH) Shares Gap Down to $16.59

iShares MSCI Hong Kong ETF (NYSEARCA:EWH) gapped down before the market opened on Tuesday . The stock had previously closed at $16.59, but opened at $16.04. iShares MSCI Hong Kong ETF shares last traded at $15.98, with a volume of 166,764 shares traded.

iShares MSCI Hong Kong ETF Stock Performance

The business has a 50 day moving average price of $16.40 and a 200-day moving average price of $16.40.

Hedge Funds Weigh In On iShares MSCI Hong Kong ETF

A number of large investors have recently made changes to their positions in EWH. SG Americas Securities LLC boosted its holdings in iShares MSCI Hong Kong ETF by 304.1% during the fourth quarter. SG Americas Securities LLC now owns 1,972,121 shares of the exchange traded fund’s stock worth $34,256,000 after buying an additional 1,484,144 shares in the last quarter. BNP Paribas Financial Markets increased its stake in iShares MSCI Hong Kong ETF by 559.3% in the 1st quarter. BNP Paribas Financial Markets now owns 879,787 shares of the exchange traded fund’s stock valued at $13,681,000 after purchasing an additional 746,337 shares in the last quarter. Jane Street Group LLC increased its stake in iShares MSCI Hong Kong ETF by 1,870.8% in the 1st quarter. Jane Street Group LLC now owns 556,353 shares of the exchange traded fund’s stock valued at $8,651,000 after purchasing an additional 528,123 shares in the last quarter. OLD Mission Capital LLC raised its holdings in iShares MSCI Hong Kong ETF by 33.1% during the fourth quarter. OLD Mission Capital LLC now owns 2,041,941 shares of the exchange traded fund’s stock worth $35,469,000 after purchasing an additional 507,878 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in iShares MSCI Hong Kong ETF during the first quarter worth $6,462,000. Hedge funds and other institutional investors own 50.59% of the company’s stock.

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).