iShares MSCI Hong Kong ETF (NYSEARCA:EWH) Shares Sold by Mmbg Investment Advisors CO.

Mmbg Investment Advisors CO. lessened its position in shares of iShares MSCI Hong Kong ETF (NYSEARCA:EWH) by 14.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 28,250 shares of the exchange traded fund’s stock after selling 4,800 shares during the quarter. Mmbg Investment Advisors CO.’s holdings in iShares MSCI Hong Kong ETF were worth $471,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Tradewinds Capital Management LLC purchased a new stake in shares of iShares MSCI Hong Kong ETF in the fourth quarter valued at $19,521,000. Elo Mutual Pension Insurance Co boosted its position in shares of iShares MSCI Hong Kong ETF by 257.8% in the fourth quarter. Elo Mutual Pension Insurance Co now owns 804,498 shares of the exchange traded fund’s stock worth $13,403,000 after buying an additional 579,633 shares during the period. Castlekeep Investment Advisors LLC purchased a new stake in shares of iShares MSCI Hong Kong ETF in the fourth quarter worth about $5,965,000. Pictet North America Advisors SA acquired a new position in shares of iShares MSCI Hong Kong ETF in the fourth quarter worth about $5,834,000. Finally, Raymond James Financial Inc. acquired a new position in shares of iShares MSCI Hong Kong ETF in the fourth quarter worth about $5,134,000. Hedge funds and other institutional investors own 50.59% of the company’s stock.

iShares MSCI Hong Kong ETF Trading Up 0.7%

Shares of iShares MSCI Hong Kong ETF stock opened at $18.35 on Monday. The business’s 50 day simple moving average is $17.31 and its 200-day simple moving average is $17.11. The stock has a market capitalization of $619.31 million, a price-to-earnings ratio of 14.77 and a beta of 0.43. iShares MSCI Hong Kong ETF has a twelve month low of $14.88 and a twelve month high of $20.37.

iShares MSCI Hong Kong ETF Profile

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).