iShares MSCI South Korea ETF (NYSEARCA:EWY) Reaches New 52-Week High – What’s Next?

iShares MSCI South Korea ETF (NYSEARCA:EWY) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $135.18 and last traded at $135.0340, with a volume of 3961760 shares traded. The stock had previously closed at $132.93.

iShares MSCI South Korea ETF Trading Up 1.4%

The company has a fifty day moving average of $110.54 and a 200-day moving average of $93.19. The stock has a market cap of $13.25 billion, a PE ratio of 10.35 and a beta of 1.22.

Institutional Trading of iShares MSCI South Korea ETF

A number of large investors have recently modified their holdings of the stock. Knights of Columbus Asset Advisors LLC grew its stake in iShares MSCI South Korea ETF by 2.4% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 5,820 shares of the exchange traded fund’s stock worth $466,000 after purchasing an additional 138 shares in the last quarter. Guidance Capital Inc. boosted its stake in shares of iShares MSCI South Korea ETF by 2.4% in the 3rd quarter. Guidance Capital Inc. now owns 6,221 shares of the exchange traded fund’s stock valued at $498,000 after buying an additional 146 shares during the period. Diversify Advisory Services LLC grew its position in shares of iShares MSCI South Korea ETF by 1.9% during the fourth quarter. Diversify Advisory Services LLC now owns 8,769 shares of the exchange traded fund’s stock worth $853,000 after buying an additional 162 shares in the last quarter. Creative Planning increased its stake in shares of iShares MSCI South Korea ETF by 3.6% during the second quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock worth $360,000 after buying an additional 176 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in iShares MSCI South Korea ETF by 5.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,844 shares of the exchange traded fund’s stock valued at $374,000 after acquiring an additional 184 shares in the last quarter. Hedge funds and other institutional investors own 49.22% of the company’s stock.

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.