iShares MSCI Hong Kong ETF (NYSEARCA:EWH) Shares Gap Up to $15.51

Shares of iShares MSCI Hong Kong ETF (NYSEARCA:EWH) gapped up before the market opened on Friday . The stock had previously closed at $15.51, but opened at $15.99. iShares MSCI Hong Kong ETF shares last traded at $16.02, with a volume of 178,572 shares traded.

iShares MSCI Hong Kong ETF Stock Up 2.8 %

The company has a fifty day moving average of $16.40 and a 200-day moving average of $16.18.

Institutional Investors Weigh In On iShares MSCI Hong Kong ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Global Retirement Partners LLC grew its holdings in shares of iShares MSCI Hong Kong ETF by 1,973.1% during the fourth quarter. Global Retirement Partners LLC now owns 3,628 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 3,453 shares during the last quarter. Headlands Technologies LLC boosted its holdings in shares of iShares MSCI Hong Kong ETF by 4,093.3% in the fourth quarter. Headlands Technologies LLC now owns 11,909 shares of the exchange traded fund’s stock valued at $207,000 after acquiring an additional 11,625 shares during the period. Caprock Group LLC purchased a new position in shares of iShares MSCI Hong Kong ETF during the fourth quarter worth approximately $314,000. L.M. Kohn & Company purchased a new stake in iShares MSCI Hong Kong ETF in the 1st quarter valued at $354,000. Finally, Gould Asset Management LLC CA boosted its stake in iShares MSCI Hong Kong ETF by 14.5% during the 4th quarter. Gould Asset Management LLC CA now owns 31,226 shares of the exchange traded fund’s stock worth $542,000 after purchasing an additional 3,945 shares during the period. 50.59% of the stock is currently 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).