iShares MSCI Hong Kong ETF (NYSEARCA:EWH) Sees Unusually-High Trading Volume – What’s Next?

iShares MSCI Hong Kong ETF (NYSEARCA:EWH) shares saw strong trading volume on Monday . 2,717,173 shares were traded during mid-day trading, an increase of 9% from the previous session’s volume of 2,485,063 shares.The stock last traded at $16.43 and had previously closed at $16.50.

iShares MSCI Hong Kong ETF Stock Down 0.6 %

The firm’s 50-day moving average price is $16.74 and its two-hundred day moving average price is $16.84.

Institutional Trading of iShares MSCI Hong Kong ETF

Several large investors have recently added to or reduced their stakes in EWH. Raymond James & Associates boosted its position in shares of iShares MSCI Hong Kong ETF by 5.5% in the third quarter. Raymond James & Associates now owns 306,078 shares of the exchange traded fund’s stock worth $5,711,000 after buying an additional 16,006 shares during the period. Farther Finance Advisors LLC purchased a new position in iShares MSCI Hong Kong ETF during the 3rd quarter valued at about $67,000. Citigroup Inc. increased its holdings in shares of iShares MSCI Hong Kong ETF by 884.1% in the 3rd quarter. Citigroup Inc. now owns 7,943,387 shares of the exchange traded fund’s stock valued at $148,224,000 after purchasing an additional 7,136,219 shares during the period. Pekin Hardy Strauss Inc. boosted its holdings in shares of iShares MSCI Hong Kong ETF by 13.7% during the third quarter. Pekin Hardy Strauss Inc. now owns 49,815 shares of the exchange traded fund’s stock worth $930,000 after purchasing an additional 6,000 shares during the period. Finally, HighTower Advisors LLC increased its stake in iShares MSCI Hong Kong ETF by 1.9% in 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 period. 50.59% of the stock is owned by institutional investors and hedge funds.

About iShares MSCI Hong Kong ETF

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).