iShares MSCI Hong Kong ETF (NYSEARCA:EWH) Stock Cross Below Two Hundred Day Moving Average – Should You Sell?

iShares MSCI Hong Kong ETF (NYSEARCA:EWH)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $16.72 and traded as low as $16.04. iShares MSCI Hong Kong ETF shares last traded at $16.10, with a volume of 2,563,868 shares trading hands.

iShares MSCI Hong Kong ETF Price Performance

The stock’s 50 day moving average price is $17.20 and its two-hundred day moving average price is $16.72.

Institutional Investors Weigh In On iShares MSCI Hong Kong ETF

A number of hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI Hong Kong ETF by 8.0% in the third quarter. JPMorgan Chase & Co. now owns 157,525 shares of the exchange traded fund’s stock worth $2,939,000 after purchasing an additional 11,689 shares during the period. National Bank of Canada FI lifted its holdings in shares of iShares MSCI Hong Kong ETF by 1,823.9% during the third quarter. National Bank of Canada FI now owns 10,389 shares of the exchange traded fund’s stock worth $194,000 after buying an additional 9,849 shares during the last quarter. Jane Street Group LLC grew its stake in shares of iShares MSCI Hong Kong ETF by 23.1% in the third quarter. Jane Street Group LLC now owns 362,719 shares of the exchange traded fund’s stock worth $6,768,000 after acquiring an additional 68,088 shares during the last quarter. Parallax Volatility Advisers L.P. bought a new position in iShares MSCI Hong Kong ETF during the third quarter worth $456,000. Finally, HighTower Advisors LLC raised its stake in iShares MSCI Hong Kong ETF by 1.9% during the 3rd quarter. HighTower Advisors LLC now owns 102,964 shares of the exchange traded fund’s stock valued at $1,914,000 after purchasing an additional 1,911 shares during the last quarter. 50.59% of the stock is currently owned by institutional investors.

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).