Picton Mahoney Asset Management Sells 1,980 Shares of iShares MSCI Hong Kong ETF (NYSEARCA:EWH)

Picton Mahoney Asset Management cut its position in shares of iShares MSCI Hong Kong ETF (NYSEARCA:EWH) by 20.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,610 shares of the exchange traded fund’s stock after selling 1,980 shares during the period. Picton Mahoney Asset Management’s holdings in iShares MSCI Hong Kong ETF were worth $127,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Citigroup Inc. boosted its holdings in iShares MSCI Hong Kong ETF by 884.1% during the third quarter. Citigroup Inc. now owns 7,943,387 shares of the exchange traded fund’s stock valued at $148,224,000 after purchasing an additional 7,136,219 shares in the last quarter. Tradewinds Capital Management LLC acquired a new stake in iShares MSCI Hong Kong ETF in the 4th quarter valued at $19,521,000. Catalyst Capital Advisors LLC boosted its stake in iShares MSCI Hong Kong ETF by 17.6% in the 4th quarter. Catalyst Capital Advisors LLC now owns 744,502 shares of the exchange traded fund’s stock valued at $12,403,000 after buying an additional 111,172 shares in the last quarter. Millburn Ridgefield Corp boosted its stake in iShares MSCI Hong Kong ETF by 17.6% in the 4th quarter. Millburn Ridgefield Corp now owns 744,502 shares of the exchange traded fund’s stock valued at $12,403,000 after buying an additional 111,172 shares in the last quarter. Finally, New York Life Investment Management LLC raised its stake in iShares MSCI Hong Kong ETF by 11.3% during the fourth quarter. New York Life Investment Management LLC now owns 523,065 shares of the exchange traded fund’s stock worth $8,714,000 after acquiring an additional 53,192 shares in the last quarter. 50.59% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Hong Kong ETF Stock Performance

Shares of NYSEARCA:EWH opened at $18.15 on Monday. The company’s fifty day moving average is $16.86 and its 200-day moving average is $17.21. iShares MSCI Hong Kong ETF has a 52 week low of $14.64 and a 52 week high of $20.37. The company has a market capitalization of $658.85 million, a PE ratio of 15.46 and a beta of 0.50.

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).