Cobblestone Asset Management LLC Makes New $644,000 Investment in iShares MSCI South Korea ETF $EWY

Cobblestone Asset Management LLC acquired a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 8,045 shares of the exchange traded fund’s stock, valued at approximately $644,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Creative Planning lifted its position in iShares MSCI South Korea ETF by 3.6% in the 2nd quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock valued at $360,000 after acquiring an additional 176 shares in the last quarter. Boltwood Capital Management raised its stake in shares of iShares MSCI South Korea ETF by 5.3% in the third quarter. Boltwood Capital Management now owns 4,000 shares of the exchange traded fund’s stock worth $320,000 after purchasing an additional 200 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of iShares MSCI South Korea ETF by 16.6% in the third quarter. Blue Trust Inc. now owns 1,985 shares of the exchange traded fund’s stock valued at $159,000 after purchasing an additional 283 shares in the last quarter. CWM LLC boosted its position in shares of iShares MSCI South Korea ETF by 50.5% during the third quarter. CWM LLC now owns 897 shares of the exchange traded fund’s stock valued at $72,000 after buying an additional 301 shares during the last quarter. Finally, Elm3 Financial Group LLC boosted its position in shares of iShares MSCI South Korea ETF by 3.7% during the second quarter. Elm3 Financial Group LLC now owns 11,843 shares of the exchange traded fund’s stock valued at $850,000 after buying an additional 424 shares during the last quarter. 49.22% of the stock is owned by institutional investors.

iShares MSCI South Korea ETF Trading Up 3.0%

NYSEARCA EWY opened at $98.72 on Tuesday. The business has a fifty day simple moving average of $93.12 and a 200 day simple moving average of $81.59. iShares MSCI South Korea ETF has a 12 month low of $48.49 and a 12 month high of $100.79. The firm has a market capitalization of $7.13 billion, a P/E ratio of 10.35 and a beta of 1.22.

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. 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.