Park Avenue Securities LLC Makes New Investment in iShares MSCI South Korea ETF $EWY

Park Avenue Securities LLC acquired a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 2,827 shares of the exchange traded fund’s stock, valued at approximately $203,000.

Other large investors also recently modified their holdings of the company. Banque Transatlantique SA purchased a new position in shares of iShares MSCI South Korea ETF during the first quarter worth approximately $25,000. Private Trust Co. NA grew its holdings in shares of iShares MSCI South Korea ETF by 325.3% during the 1st quarter. Private Trust Co. NA now owns 706 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 540 shares during the last quarter. Private Wealth Management Group LLC purchased a new position in iShares MSCI South Korea ETF in the 1st quarter worth $39,000. Grove Bank & Trust bought a new stake in iShares MSCI South Korea ETF in the first quarter worth $54,000. Finally, Deutsche Bank AG boosted its position in iShares MSCI South Korea ETF by 21.1% during the fourth quarter. Deutsche Bank AG now owns 1,083 shares of the exchange traded fund’s stock valued at $55,000 after buying an additional 189 shares during the period. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Trading Up 2.2%

Shares of NYSEARCA:EWY opened at $81.89 on Thursday. The stock’s 50-day moving average price is $75.17 and its 200-day moving average price is $66.33. iShares MSCI South Korea ETF has a 12-month low of $48.49 and a 12-month high of $81.95. The stock has a market capitalization of $5.88 billion, a P/E ratio of 10.35 and a beta of 1.05.

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.