Diversify Advisory Services LLC Makes New Investment in iShares MSCI South Korea ETF $EWY

Diversify Advisory Services LLC purchased a new position in iShares MSCI South Korea ETF (NYSEARCA:EWY) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 8,607 shares of the exchange traded fund’s stock, valued at approximately $689,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. CWM LLC grew its holdings in 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 worth $72,000 after acquiring an additional 301 shares during the period. FLP Wealth Management LLC purchased a new stake in iShares MSCI South Korea ETF during the third quarter valued at about $103,000. Farther Finance Advisors LLC boosted its holdings in shares of iShares MSCI South Korea ETF by 200.0% in the third quarter. Farther Finance Advisors LLC now owns 1,650 shares of the exchange traded fund’s stock worth $132,000 after buying an additional 1,100 shares during the period. Friedenthal Financial purchased a new position in shares of iShares MSCI South Korea ETF in the third quarter worth approximately $149,000. Finally, Blue Trust Inc. increased its position 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 acquiring an additional 283 shares in the last quarter. 49.22% of the stock is currently owned by institutional investors.

iShares MSCI South Korea ETF Price Performance

EWY stock opened at $132.85 on Thursday. The firm has a market capitalization of $13.07 billion, a P/E ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a 52-week low of $48.49 and a 52-week high of $154.22. The company’s 50 day simple moving average is $123.97 and its 200-day simple moving average is $100.04.

iShares MSCI South Korea ETF Company 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.