Lido Advisors LLC Has $12.71 Million Stake in iShares MSCI South Korea ETF $EWY

Lido Advisors LLC raised its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 106.1% in the 1st quarter, HoldingsChannel reports. The firm owned 103,359 shares of the exchange traded fund’s stock after purchasing an additional 53,203 shares during the quarter. Lido Advisors LLC’s holdings in iShares MSCI South Korea ETF were worth $12,714,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. purchased a new stake in iShares MSCI South Korea ETF in the 4th quarter worth about $2,231,000. MRA Advisory Group boosted its position in shares of iShares MSCI South Korea ETF by 1,746.7% during the first quarter. MRA Advisory Group now owns 54,718 shares of the exchange traded fund’s stock valued at $6,731,000 after buying an additional 51,755 shares during the period. Main Street Research LLC purchased a new position in shares of iShares MSCI South Korea ETF during the fourth quarter valued at approximately $34,558,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares MSCI South Korea ETF by 183.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,251 shares of the exchange traded fund’s stock valued at $780,000 after buying an additional 4,695 shares during the last quarter. Finally, Trivium Point Advisory LLC bought a new position in shares of iShares MSCI South Korea ETF during the fourth quarter valued at approximately $5,287,000. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

Shares of NYSEARCA EWY opened at $173.86 on Friday. iShares MSCI South Korea ETF has a fifty-two week low of $70.36 and a fifty-two week high of $220.89. The company has a market cap of $23.72 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46. The business’s 50 day moving average price is $190.00 and its 200-day moving average price is $154.29.

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.