Cibc World Market Inc. Has $6.51 Million Stake in iShares MSCI South Korea ETF $EWY

Cibc World Market Inc. boosted its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 6.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 81,215 shares of the exchange traded fund’s stock after buying an additional 4,733 shares during the quarter. Cibc World Market Inc. owned approximately 0.11% of iShares MSCI South Korea ETF worth $6,505,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Innealta Capital LLC grew its holdings in iShares MSCI South Korea ETF by 179.5% in the second quarter. Innealta Capital LLC now owns 27,391 shares of the exchange traded fund’s stock worth $1,966,000 after purchasing an additional 17,590 shares during the period. B. Riley Wealth Advisors Inc. bought a new position in shares of iShares MSCI South Korea ETF during the 3rd quarter worth about $394,000. ABC Arbitrage SA acquired a new stake in shares of iShares MSCI South Korea ETF in the 3rd quarter valued at about $512,000. Cullen Capital Management LLC grew its stake in shares of iShares MSCI South Korea ETF by 94.0% in the 2nd quarter. Cullen Capital Management LLC now owns 196,402 shares of the exchange traded fund’s stock valued at $14,098,000 after buying an additional 95,185 shares during the period. Finally, Cercano Management LLC bought a new stake in iShares MSCI South Korea ETF in the 2nd quarter valued at about $3,101,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

Shares of NYSEARCA:EWY opened at $133.97 on Friday. iShares MSCI South Korea ETF has a 52-week low of $48.49 and a 52-week high of $134.32. The business’s 50 day simple moving average is $108.33 and its two-hundred day simple moving average is $91.92. The firm has a market cap of $13.18 billion, a P/E ratio of 10.35 and a beta of 1.22.

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.