iShares MSCI Malaysia ETF (NYSEARCA:EWM) Shares Pass Above 200 Day Moving Average – Time to Sell?

iShares MSCI Malaysia ETF (NYSEARCA:EWM) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $23.90 and traded as high as $25.79. iShares MSCI Malaysia ETF shares last traded at $25.79, with a volume of 196,654 shares traded.

iShares MSCI Malaysia ETF Price Performance

The firm has a 50 day moving average price of $25.89 and a 200 day moving average price of $23.91.

Institutional Trading of iShares MSCI Malaysia ETF

A number of hedge funds and other institutional investors have recently modified their holdings of EWM. Sun Life Financial Inc. lifted its stake in shares of iShares MSCI Malaysia ETF by 159.5% during the 2nd quarter. Sun Life Financial Inc. now owns 510,700 shares of the exchange traded fund’s stock valued at $11,470,000 after buying an additional 313,900 shares in the last quarter. Anthracite Investment Company Inc. bought a new stake in iShares MSCI Malaysia ETF during the first quarter valued at about $2,986,000. Vista Finance LLC purchased a new position in shares of iShares MSCI Malaysia ETF in the first quarter valued at about $2,737,000. Private Wealth Advisors LLC bought a new position in shares of iShares MSCI Malaysia ETF in the first quarter worth about $1,774,000. Finally, Financial & Tax Architects LLC bought a new position in shares of iShares MSCI Malaysia ETF in the second quarter worth about $1,532,000. 86.75% of the stock is owned by hedge funds and other institutional investors.

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).