Sun Life Financial Inc. Increases Holdings in iShares MSCI Malaysia ETF (NYSEARCA:EWM)

Sun Life Financial Inc. lifted its holdings in shares of iShares MSCI Malaysia ETF (NYSEARCA:EWM) by 159.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 510,700 shares of the exchange traded fund’s stock after purchasing an additional 313,900 shares during the period. iShares MSCI Malaysia ETF comprises approximately 0.7% of Sun Life Financial Inc.’s investment portfolio, making the stock its 19th largest holding. Sun Life Financial Inc. owned 4.10% of iShares MSCI Malaysia ETF worth $11,470,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Geneos Wealth Management Inc. purchased a new stake in iShares MSCI Malaysia ETF in the 1st quarter worth about $45,000. Brookstone Capital Management purchased a new position in iShares MSCI Malaysia ETF in the 1st quarter valued at approximately $215,000. Coppell Advisory Solutions Corp. purchased a new position in iShares MSCI Malaysia ETF in the 1st quarter valued at approximately $244,000. Sunbelt Securities Inc. purchased a new stake in shares of iShares MSCI Malaysia ETF during the first quarter worth $261,000. Finally, V Square Quantitative Management LLC bought a new position in shares of iShares MSCI Malaysia ETF in the first quarter worth $285,000. 86.75% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Malaysia ETF Trading Up 1.1 %

Shares of NYSEARCA EWM opened at $26.34 on Wednesday. The stock has a fifty day moving average of $24.31 and a 200-day moving average of $23.08. iShares MSCI Malaysia ETF has a fifty-two week low of $20.29 and a fifty-two week high of $26.39.

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).