Royal Bank of Canada Acquires 100,243 Shares of iShares MSCI Hong Kong ETF $EWH

Royal Bank of Canada lifted its stake in iShares MSCI Hong Kong ETF (NYSEARCA:EWH) by 38.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 357,742 shares of the exchange traded fund’s stock after purchasing an additional 100,243 shares during the period. Royal Bank of Canada owned 0.91% of iShares MSCI Hong Kong ETF worth $8,259,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its holdings in iShares MSCI Hong Kong ETF by 381,086.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 583,216 shares of the exchange traded fund’s stock worth $12,393,000 after buying an additional 583,063 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich grew its stake in shares of iShares MSCI Hong Kong ETF by 10.2% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,873,507 shares of the exchange traded fund’s stock valued at $61,062,000 after purchasing an additional 265,013 shares during the period. BNP Paribas Financial Markets grew its position in iShares MSCI Hong Kong ETF by 449.3% during the fourth quarter. BNP Paribas Financial Markets now owns 254,004 shares of the exchange traded fund’s stock valued at $5,398,000 after buying an additional 207,766 shares during the period. HRT Financial LP bought a new stake in shares of iShares MSCI Hong Kong ETF during the 2nd quarter valued at $3,573,000. Finally, Hsbc Holdings PLC purchased a new stake in iShares MSCI Hong Kong ETF in the fourth quarter worth about $3,318,000. Hedge funds and other institutional investors own 50.59% of the company’s stock.

iShares MSCI Hong Kong ETF Price Performance

Shares of EWH stock opened at $22.80 on Tuesday. The company’s fifty day moving average price is $21.92 and its 200-day moving average price is $22.88. iShares MSCI Hong Kong ETF has a one year low of $20.60 and a one year high of $24.66. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 14.69 and a beta of 0.39.

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). The Index consists of stocks traded primarily on the Stock Exchange of Hong Kong Limited. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.