Contravisory Investment Management Inc. Takes $417,000 Position in iShares MSCI Malaysia ETF (NYSEARCA:EWM)

Contravisory Investment Management Inc. purchased a new position in iShares MSCI Malaysia ETF (NYSEARCA:EWM) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 16,993 shares of the exchange traded fund’s stock, valued at approximately $417,000.

Several other large investors also recently added to or reduced their stakes in EWM. St. Louis Financial Planners Asset Management LLC acquired a new position in iShares MSCI Malaysia ETF in the fourth quarter worth approximately $784,000. Sunbelt Securities Inc. lifted its stake in shares of iShares MSCI Malaysia ETF by 980.2% in the third quarter. Sunbelt Securities Inc. now owns 3,651 shares of the exchange traded fund’s stock valued at $99,000 after buying an additional 3,313 shares during the period. BNP Paribas Financial Markets increased its position in shares of iShares MSCI Malaysia ETF by 4,477.1% during the third quarter. BNP Paribas Financial Markets now owns 1,602 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 1,567 shares during the period. Caprock Group LLC bought a new stake in iShares MSCI Malaysia ETF in the 3rd quarter valued at $206,000. Finally, Haverford Trust Co acquired a new position in iShares MSCI Malaysia ETF in the third quarter worth about $216,000. 86.75% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Malaysia ETF Price Performance

Shares of NYSEARCA EWM opened at $23.22 on Friday. iShares MSCI Malaysia ETF has a 52-week low of $20.85 and a 52-week high of $27.49. The business has a fifty day moving average of $24.30 and a two-hundred day moving average of $24.68.

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).