Drive Wealth Management LLC Makes New Investment in iShares MSCI Hong Kong ETF (NYSEARCA:EWH)

Drive Wealth Management LLC bought a new position in iShares MSCI Hong Kong ETF (NYSEARCA:EWH) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 16,560 shares of the exchange traded fund’s stock, valued at approximately $276,000.

Several other hedge funds and other institutional investors have also bought and sold shares of EWH. Farther Finance Advisors LLC bought a new stake in iShares MSCI Hong Kong ETF in the third quarter valued at approximately $67,000. USA Financial Formulas bought a new position in shares of iShares MSCI Hong Kong ETF during the fourth quarter valued at approximately $150,000. National Bank of Canada FI raised its holdings in shares of iShares MSCI Hong Kong ETF by 1,823.9% during the third 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 in the last quarter. Hsbc Holdings PLC bought a new position in shares of iShares MSCI Hong Kong ETF during the second quarter valued at approximately $254,000. Finally, Parallax Volatility Advisers L.P. bought a new position in shares of iShares MSCI Hong Kong ETF during the third quarter valued at approximately $456,000. Hedge funds and other institutional investors own 50.59% of the company’s stock.

iShares MSCI Hong Kong ETF Stock Performance

Shares of iShares MSCI Hong Kong ETF stock opened at $16.43 on Tuesday. The business has a 50 day moving average of $16.79 and a 200 day moving average of $16.81. iShares MSCI Hong Kong ETF has a 52 week low of $14.64 and a 52 week high of $20.36.

iShares MSCI Hong Kong ETF 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).