Choreo LLC Takes Position in iShares MSCI South Korea ETF $EWY

Choreo LLC acquired a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the third quarter, Holdings Channel reports. The firm acquired 4,692 shares of the exchange traded fund’s stock, valued at approximately $376,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EWY. CWM LLC lifted its position in iShares MSCI South Korea ETF by 50.5% in the third quarter. CWM LLC now owns 897 shares of the exchange traded fund’s stock worth $72,000 after purchasing an additional 301 shares during the period. FLP Wealth Management LLC bought a new position in iShares MSCI South Korea ETF during the 3rd quarter valued at $103,000. Farther Finance Advisors LLC increased its position in shares of iShares MSCI South Korea ETF by 200.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,650 shares of the exchange traded fund’s stock valued at $132,000 after purchasing an additional 1,100 shares during the period. Friedenthal Financial acquired a new position in shares of iShares MSCI South Korea ETF during the 3rd quarter valued at $149,000. Finally, Blue Trust Inc. raised its stake 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 worth $159,000 after buying an additional 283 shares in the last quarter. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Up 0.8%

Shares of iShares MSCI South Korea ETF stock opened at $126.73 on Friday. The firm has a market cap of $12.46 billion, a price-to-earnings ratio of 10.35 and a beta of 1.22. The business has a fifty day simple moving average of $121.92 and a 200-day simple moving average of $98.59. iShares MSCI South Korea ETF has a fifty-two week low of $48.49 and a fifty-two week high of $154.22.

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.