48,527 Shares in iShares MSCI South Korea ETF (NYSEARCA:EWY) Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the fourth quarter, Holdings Channel reports. The fund bought 48,527 shares of the exchange traded fund’s stock, valued at approximately $3,180,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jane Street Group LLC raised its stake in iShares MSCI South Korea ETF by 10,093.7% in the fourth quarter. Jane Street Group LLC now owns 2,574,107 shares of the exchange traded fund’s stock valued at $145,386,000 after purchasing an additional 2,548,855 shares in the last quarter. Hsbc Holdings PLC boosted its holdings in shares of iShares MSCI South Korea ETF by 131.8% in the 3rd quarter. Hsbc Holdings PLC now owns 2,373,131 shares of the exchange traded fund’s stock worth $139,873,000 after purchasing an additional 1,349,156 shares in the last quarter. Morgan Stanley increased its position in shares of iShares MSCI South Korea ETF by 129.2% during the 4th quarter. Morgan Stanley now owns 1,754,380 shares of the exchange traded fund’s stock valued at $99,087,000 after purchasing an additional 988,955 shares during the last quarter. BlackRock Inc. raised its holdings in shares of iShares MSCI South Korea ETF by 84.2% during the 1st quarter. BlackRock Inc. now owns 1,750,438 shares of the exchange traded fund’s stock valued at $124,683,000 after buying an additional 800,235 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in iShares MSCI South Korea ETF by 40.3% in the 1st quarter. JPMorgan Chase & Co. now owns 1,025,778 shares of the exchange traded fund’s stock worth $62,797,000 after buying an additional 294,453 shares during the last quarter.

iShares MSCI South Korea ETF Price Performance

Shares of EWY opened at $60.88 on Thursday. iShares MSCI South Korea ETF has a 1 year low of $54.49 and a 1 year high of $68.20. The stock has a 50 day simple moving average of $65.17 and a two-hundred day simple moving average of $62.43. The firm has a market cap of $3.55 billion, a P/E ratio of 7.39 and a beta of 1.05.

About iShares MSCI South Korea ETF

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.