Spectrum Strategic Capital Management LLC Buys New Shares in iShares MSCI Singapore ETF $EWS

Spectrum Strategic Capital Management LLC bought a new stake in iShares MSCI Singapore ETF (NYSEARCA:EWS) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 57,990 shares of the company’s stock, valued at approximately $1,595,000. iShares MSCI Singapore ETF comprises 0.8% of Spectrum Strategic Capital Management LLC’s portfolio, making the stock its 28th biggest position. Spectrum Strategic Capital Management LLC owned approximately 0.21% of iShares MSCI Singapore ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of EWS. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in shares of iShares MSCI Singapore ETF in the third quarter valued at about $201,000. SBI Securities Co. Ltd. increased its position in shares of iShares MSCI Singapore ETF by 19.3% in the third quarter. SBI Securities Co. Ltd. now owns 7,692 shares of the company’s stock valued at $218,000 after acquiring an additional 1,245 shares during the last quarter. Sunpointe LLC acquired a new stake in shares of iShares MSCI Singapore ETF in the fourth quarter valued at about $230,000. Cibc World Market Inc. increased its position in shares of iShares MSCI Singapore ETF by 10.6% in the third quarter. Cibc World Market Inc. now owns 9,467 shares of the company’s stock valued at $268,000 after acquiring an additional 906 shares during the last quarter. Finally, Miller Global Investments LLC acquired a new stake in shares of iShares MSCI Singapore ETF in the fourth quarter valued at about $300,000. Institutional investors and hedge funds own 52.30% of the company’s stock.

iShares MSCI Singapore ETF Stock Performance

NYSEARCA:EWS opened at $28.95 on Monday. The stock’s 50-day simple moving average is $28.42 and its 200 day simple moving average is $28.26. The company has a market cap of $810.60 million, a P/E ratio of 15.28 and a beta of 0.56. iShares MSCI Singapore ETF has a 52-week low of $24.84 and a 52-week high of $29.67.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Fund’s investment advisor is BlackRock Fund Advisors (BFA).