Continuum Advisory LLC Makes New $917,000 Investment in iShares MSCI South Korea ETF $EWY

Continuum Advisory LLC acquired a new position in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 9,432 shares of the exchange traded fund’s stock, valued at approximately $917,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. TD Asset Management Inc lifted its holdings in iShares MSCI South Korea ETF by 85.5% in the 3rd quarter. TD Asset Management Inc now owns 1,536,532 shares of the exchange traded fund’s stock worth $123,076,000 after buying an additional 708,000 shares in the last quarter. Schroder Investment Management Group raised its stake in shares of iShares MSCI South Korea ETF by 18.0% in the 3rd quarter. Schroder Investment Management Group now owns 1,257,343 shares of the exchange traded fund’s stock valued at $100,889,000 after purchasing an additional 191,723 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares MSCI South Korea ETF by 13.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,208,253 shares of the exchange traded fund’s stock valued at $96,781,000 after purchasing an additional 141,996 shares in the last quarter. Yacktman Asset Management LP acquired a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter valued at about $111,279,000. Finally, Rafferty Asset Management LLC raised its stake in shares of iShares MSCI South Korea ETF by 11.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 985,291 shares of the exchange traded fund’s stock valued at $70,724,000 after purchasing an additional 97,762 shares in the last quarter. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

Shares of iShares MSCI South Korea ETF stock opened at $175.19 on Friday. The firm has a market cap of $23.31 billion, a PE ratio of 10.35 and a beta of 1.45. The firm’s 50-day simple moving average is $164.14 and its 200-day simple moving average is $131.21. iShares MSCI South Korea ETF has a 1 year low of $65.28 and a 1 year high of $217.76.

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.