iShares MSCI Hong Kong ETF (NYSEARCA:EWH) Stock Pass Below 200-Day Moving Average – What’s Next?

iShares MSCI Hong Kong ETF (NYSEARCA:EWH)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $16.70 and traded as low as $16.61. iShares MSCI Hong Kong ETF shares last traded at $16.66, with a volume of 1,656,879 shares trading hands.

iShares MSCI Hong Kong ETF Price Performance

The firm’s 50 day simple moving average is $17.33 and its 200-day simple moving average is $16.70.

Institutional Trading of iShares MSCI Hong Kong ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its stake in iShares MSCI Hong Kong ETF by 8.0% during the third quarter. JPMorgan Chase & Co. now owns 157,525 shares of the exchange traded fund’s stock worth $2,939,000 after acquiring an additional 11,689 shares during the last quarter. National Bank of Canada FI boosted its stake in iShares MSCI Hong Kong ETF by 1,823.9% during the 3rd quarter. National Bank of Canada FI now owns 10,389 shares of the exchange traded fund’s stock valued at $194,000 after acquiring an additional 9,849 shares during the last quarter. Jane Street Group LLC raised its stake in iShares MSCI Hong Kong ETF by 23.1% during the third quarter. Jane Street Group LLC now owns 362,719 shares of the exchange traded fund’s stock valued at $6,768,000 after buying an additional 68,088 shares in the last quarter. Parallax Volatility Advisers L.P. acquired a new position in iShares MSCI Hong Kong ETF in the third quarter worth $456,000. Finally, HighTower Advisors LLC grew its position in shares of iShares MSCI Hong Kong ETF by 1.9% during the 3rd quarter. HighTower Advisors LLC now owns 102,964 shares of the exchange traded fund’s stock valued at $1,914,000 after buying an additional 1,911 shares during the last quarter. Hedge funds and other institutional investors own 50.59% of the company’s stock.

iShares MSCI Hong Kong ETF Company Profile

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).