iShares MSCI Hong Kong ETF (NYSEARCA:EWH) Shares Cross Below 200 Day Moving Average – Here’s Why

Shares of iShares MSCI Hong Kong ETF (NYSEARCA:EWH) 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 Stock Performance

The company’s 50-day moving average is $17.16 and its 200 day moving average is $16.72.

Institutional Trading of iShares MSCI Hong Kong ETF

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

iShares MSCI Hong Kong ETF Company 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).