Sun Life Financial Inc. Sells 320,500 Shares of iShares MSCI Singapore ETF $EWS

Sun Life Financial Inc. reduced its position in iShares MSCI Singapore ETF (NYSEARCA:EWS) by 20.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,209,600 shares of the company’s stock after selling 320,500 shares during the quarter. iShares MSCI Singapore ETF comprises about 1.7% of Sun Life Financial Inc.’s portfolio, making the stock its 11th largest position. Sun Life Financial Inc. owned about 4.08% of iShares MSCI Singapore ETF worth $31,425,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of iShares MSCI Singapore ETF by 270.9% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 6,732 shares of the company’s stock worth $175,000 after acquiring an additional 4,917 shares in the last quarter. Barry Investment Advisors LLC raised its position in iShares MSCI Singapore ETF by 0.4% during the second quarter. Barry Investment Advisors LLC now owns 86,403 shares of the company’s stock valued at $2,245,000 after purchasing an additional 374 shares in the last quarter. Stephens Inc. AR bought a new stake in iShares MSCI Singapore ETF during the second quarter worth $207,000. Bleakley Financial Group LLC lifted its stake in iShares MSCI Singapore ETF by 52.1% during the second quarter. Bleakley Financial Group LLC now owns 56,877 shares of the company’s stock worth $1,478,000 after purchasing an additional 19,481 shares during the last quarter. Finally, Arrow Investment Advisors LLC acquired a new stake in shares of iShares MSCI Singapore ETF in the 2nd quarter valued at $669,000. 52.30% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Singapore ETF Stock Performance

iShares MSCI Singapore ETF stock opened at $27.99 on Tuesday. iShares MSCI Singapore ETF has a 52 week low of $20.08 and a 52 week high of $29.65. The stock has a market capitalization of $860.69 million, a P/E ratio of 15.28 and a beta of 0.69. The stock has a fifty day moving average of $28.41 and a 200-day moving average of $27.43.

About iShares MSCI Singapore ETF

iShares MSCI Singapore ETF, formerly iShares MSCI Singapore Index Fund (the Fund), is an exchange traded fund (ETF). The Funds seeks investment results that correspond to the price and yield performance of the MSCI Singapore Index (the Underlying Index). The Underlying Index consists of stocks traded primarily on the Singapore Stock Exchange.