iShares MSCI Hong Kong ETF (NYSEARCA:EWH) Stock Price Cross Below 200-Day Moving Average – Time to Sell?

iShares MSCI Hong Kong ETF (NYSEARCA:EWH) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $16.72 and traded as low as $16.04. iShares MSCI Hong Kong ETF shares last traded at $16.10, with a volume of 2,563,868 shares.

iShares MSCI Hong Kong ETF Stock Performance

The company’s 50 day moving average is $17.16 and its 200-day moving average is $16.72.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its holdings in iShares MSCI Hong Kong ETF by 8.0% during the third quarter. JPMorgan Chase & Co. now owns 157,525 shares of the exchange traded fund’s stock worth $2,939,000 after buying an additional 11,689 shares during the last quarter. National Bank of Canada FI raised its holdings in shares of iShares MSCI Hong Kong ETF by 1,823.9% in 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 purchasing an additional 9,849 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of iShares MSCI Hong Kong ETF by 23.1% in the third quarter. Jane Street Group LLC now owns 362,719 shares of the exchange traded fund’s stock valued at $6,768,000 after purchasing an additional 68,088 shares during the last quarter. Parallax Volatility Advisers L.P. purchased a new stake in shares of iShares MSCI Hong Kong ETF in the third quarter valued at about $456,000. Finally, HighTower Advisors LLC raised its holdings in shares of iShares MSCI Hong Kong ETF by 1.9% in the third quarter. HighTower Advisors LLC now owns 102,964 shares of the exchange traded fund’s stock valued at $1,914,000 after purchasing an additional 1,911 shares during the last quarter. 50.59% of the stock is owned by institutional investors.

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).