iShares MSCI Malaysia ETF (NYSEARCA:EWM) Stock Pass Above 200-Day Moving Average – Here’s Why

iShares MSCI Malaysia ETF (NYSEARCA:EWM) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $23.74 and traded as high as $25.88. iShares MSCI Malaysia ETF shares last traded at $25.88, with a volume of 104,229 shares.

iShares MSCI Malaysia ETF Stock Performance

The stock’s fifty day moving average is $25.71 and its two-hundred day moving average is $23.78.

Institutional Investors Weigh In On iShares MSCI Malaysia ETF

Several hedge funds have recently bought and sold shares of the stock. Geneos Wealth Management Inc. bought a new stake in iShares MSCI Malaysia ETF during the first quarter worth about $45,000. Brookstone Capital Management bought a new stake in shares of iShares MSCI Malaysia ETF in the 1st quarter worth approximately $215,000. Coppell Advisory Solutions Corp. purchased a new stake in shares of iShares MSCI Malaysia ETF in the 1st quarter valued at $244,000. Sunbelt Securities Inc. bought a new position in shares of iShares MSCI Malaysia ETF during the 1st quarter valued at $261,000. Finally, Janney Montgomery Scott LLC purchased a new position in iShares MSCI Malaysia ETF in the 1st quarter worth $578,000. 86.75% of the stock is currently owned by institutional investors.

iShares MSCI Malaysia ETF Company Profile

iShares MSCI Malaysia ETF, formerly iShares MSCI Malaysia Index Fund (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 Malaysian market, as measured by the MSCI Malaysia Index (the Index).