Choreo LLC Takes $376,000 Position in iShares MSCI South Korea ETF $EWY

Choreo LLC acquired a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 4,692 shares of the exchange traded fund’s stock, valued at approximately $376,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. CWM LLC increased its position in iShares MSCI South Korea ETF by 50.5% in the 3rd quarter. CWM LLC now owns 897 shares of the exchange traded fund’s stock valued at $72,000 after acquiring an additional 301 shares during the period. FLP Wealth Management LLC acquired a new position in iShares MSCI South Korea ETF during the 3rd quarter worth $103,000. Farther Finance Advisors LLC boosted its position in iShares MSCI South Korea ETF by 200.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,650 shares of the exchange traded fund’s stock worth $132,000 after acquiring an additional 1,100 shares during the period. Friedenthal Financial bought a new position in shares of iShares MSCI South Korea ETF in the third quarter worth $149,000. Finally, Blue Trust Inc. grew its stake 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 worth $159,000 after purchasing an additional 283 shares in the last quarter. 49.22% of the stock is owned by institutional investors.

iShares MSCI South Korea ETF Stock Performance

Shares of EWY opened at $126.73 on Friday. iShares MSCI South Korea ETF has a one year low of $48.49 and a one year high of $154.22. The stock’s fifty day moving average is $121.92 and its 200-day moving average is $98.59. The firm has a market capitalization of $12.46 billion, a price-to-earnings 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.