iShares MSCI Singapore ETF (NYSEARCA:EWS) Sees Large Volume Increase – Should You Buy?

Shares of iShares MSCI Singapore ETF (NYSEARCA:EWSGet Free Report) saw unusually-strong trading volume on Monday . Approximately 2,146,323 shares traded hands during mid-day trading, an increase of 234% from the previous session’s volume of 641,851 shares.The stock last traded at $20.72 and had previously closed at $21.84.

iShares MSCI Singapore ETF Stock Up 10.0 %

The stock has a 50-day simple moving average of $23.20 and a two-hundred day simple moving average of $22.54. The firm has a market cap of $765.06 million, a PE ratio of 12.90 and a beta of 0.63.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of EWS. Steward Partners Investment Advisory LLC boosted its position in shares of iShares MSCI Singapore ETF by 62.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,789 shares of the company’s stock worth $39,000 after purchasing an additional 689 shares in the last quarter. Whittier Trust Co. increased its position in shares of iShares MSCI Singapore ETF by 557.1% during the 4th quarter. Whittier Trust Co. now owns 2,359 shares of the company’s stock valued at $52,000 after purchasing an additional 2,000 shares during the last quarter. IFP Advisors Inc purchased a new stake in iShares MSCI Singapore ETF during the fourth quarter valued at approximately $69,000. Stuart Chaussee & Associates Inc. bought a new position in iShares MSCI Singapore ETF in the 4th quarter worth $84,000. Finally, Comerica Bank raised its stake in shares of iShares MSCI Singapore ETF by 936.7% in the fourth quarter. Comerica Bank now owns 4,240 shares of the company’s stock worth $93,000 after buying an additional 3,831 shares during the period.

About iShares MSCI Singapore ETF

(Get Free Report)

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.

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