BlackDiamond Wealth Management LLC Acquires New Holdings in iShares MSCI South Korea ETF $EWY

BlackDiamond Wealth Management LLC acquired a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,797 shares of the exchange traded fund’s stock, valued at approximately $272,000.

Other institutional investors and hedge funds 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 valued at about $2,231,000. ABC Arbitrage SA purchased a new stake in iShares MSCI South Korea ETF in the 3rd quarter valued at about $512,000. Diversify Advisory Services LLC purchased a new stake in iShares MSCI South Korea ETF during the third quarter worth about $689,000. Choreo LLC purchased a new stake in iShares MSCI South Korea ETF during the third quarter worth about $376,000. Finally, Ehrenkranz Partners L.P. purchased a new stake in iShares MSCI South Korea ETF during the third quarter worth about $12,744,000. 49.22% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Price Performance

Shares of NYSEARCA:EWY opened at $212.96 on Thursday. The firm has a market capitalization of $28.33 billion, a PE ratio of 10.35 and a beta of 1.38. The firm’s 50-day moving average is $161.68 and its two-hundred day moving average is $130.13. iShares MSCI South Korea ETF has a 1 year low of $63.49 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.