Trek Financial LLC Buys New Position in iShares MSCI South Korea ETF $EWY

Trek Financial LLC purchased a new position in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the 3rd quarter, HoldingsChannel reports. The firm purchased 52,358 shares of the exchange traded fund’s stock, valued at approximately $4,194,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of EWY. Creative Planning grew its stake in shares of iShares MSCI South Korea ETF by 3.6% in the 2nd quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock worth $360,000 after purchasing an additional 176 shares during the last quarter. Boltwood Capital Management boosted its stake in iShares MSCI South Korea ETF by 5.3% in the 3rd quarter. Boltwood Capital Management now owns 4,000 shares of the exchange traded fund’s stock worth $320,000 after purchasing an additional 200 shares during the period. Leavell Investment Management Inc. raised its position in iShares MSCI South Korea ETF by 1.9% during the third quarter. Leavell Investment Management Inc. now owns 14,736 shares of the exchange traded fund’s stock valued at $1,180,000 after buying an additional 268 shares during the period. Blue Trust Inc. increased its holdings in shares of iShares MSCI South Korea ETF by 16.6% in the 3rd quarter. Blue Trust Inc. now owns 1,985 shares of the exchange traded fund’s stock valued at $159,000 after purchasing an additional 283 shares during the period. Finally, Summit Place Financial Advisors LLC boosted its stake in shares of iShares MSCI South Korea ETF by 1.1% during the 3rd quarter. Summit Place Financial Advisors LLC now owns 26,700 shares of the exchange traded fund’s stock valued at $2,139,000 after buying an additional 285 shares during the period. 49.22% of the stock is owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Price Performance

NYSEARCA:EWY traded up $1.98 during mid-day trading on Friday, reaching $117.97. The stock had a trading volume of 8,536,204 shares, compared to its average volume of 8,385,973. The business’s 50 day moving average is $98.33 and its 200 day moving average is $86.42. iShares MSCI South Korea ETF has a fifty-two week low of $48.49 and a fifty-two week high of $118.41. The stock has a market cap of $10.97 billion, a P/E ratio of 10.35 and a beta of 1.22.

iShares MSCI South Korea ETF Profile

iShares MSCI South Korea Capped ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Korea 25/50 Index (the Index). The Index consists of stocks traded primarily on the Stock Market Division of the Korean Exchange. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.