iShares MSCI Singapore ETF (NYSEARCA:EWS) Sets New 52-Week High – Should You Buy?

iShares MSCI Singapore ETF (NYSEARCA:EWS)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $23.95 and last traded at $23.91, with a volume of 145452 shares changing hands. The stock had previously closed at $23.47.

iShares MSCI Singapore ETF Price Performance

The firm has a market capitalization of $781.53 million, a P/E ratio of 14.98 and a beta of 0.77. The stock’s 50-day simple moving average is $22.61 and its two-hundred day simple moving average is $22.13.

Institutional Investors Weigh In On iShares MSCI Singapore ETF

A number of institutional investors have recently added to or reduced their stakes in EWS. Mutual Advisors LLC purchased a new stake in shares of iShares MSCI Singapore ETF in the fourth quarter worth about $244,000. Robertson Stephens Wealth Management LLC purchased a new stake in shares of iShares MSCI Singapore ETF during the 4th quarter worth approximately $3,016,000. Barclays PLC boosted its position in shares of iShares MSCI Singapore ETF by 232,620.9% during the 3rd quarter. Barclays PLC now owns 100,070 shares of the company’s stock valued at $2,216,000 after acquiring an additional 100,027 shares during the last quarter. Geneos Wealth Management Inc. purchased a new position in shares of iShares MSCI Singapore ETF in the fourth quarter valued at $1,711,000. Finally, Commons Capital LLC increased its position in iShares MSCI Singapore ETF by 125.4% in the fourth quarter. Commons Capital LLC now owns 36,799 shares of the company’s stock worth $804,000 after purchasing an additional 20,474 shares during the last quarter.

iShares MSCI Singapore ETF Company Profile

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.