iShares MSCI Singapore ETF (NYSEARCA:EWS) Shares Pass Below Fifty Day Moving Average – Should You Sell?

iShares MSCI Singapore ETF (NYSEARCA:EWS) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $23.34 and traded as low as $21.71. iShares MSCI Singapore ETF shares last traded at $21.84, with a volume of 1,442,399 shares trading hands.

iShares MSCI Singapore ETF Trading Down 6.6 %

The firm has a market capitalization of $751.30 million, a P/E ratio of 12.90 and a beta of 0.63. The business has a 50 day moving average of $23.34 and a 200-day moving average of $22.58.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EWS. Mutual Advisors LLC acquired a new position in shares of iShares MSCI Singapore ETF in the fourth quarter valued at $244,000. Robertson Stephens Wealth Management LLC bought a new stake in iShares MSCI Singapore ETF during the fourth quarter worth about $3,016,000. Barclays PLC boosted its holdings in shares of iShares MSCI Singapore ETF by 232,620.9% in the 3rd quarter. Barclays PLC now owns 100,070 shares of the company’s stock valued at $2,216,000 after purchasing an additional 100,027 shares in the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of iShares MSCI Singapore ETF during the 4th quarter worth $1,711,000. Finally, Whittier Trust Co. lifted its holdings in shares of iShares MSCI Singapore ETF by 557.1% in the fourth quarter. Whittier Trust Co. now owns 2,359 shares of the company’s stock worth $52,000 after acquiring an additional 2,000 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.