JPMorgan Chase & Co. Increases Holdings in iShares MSCI South Korea ETF $EWY

JPMorgan Chase & Co. increased its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 13.3% during the 3rd quarter, Holdings Channel reports. The firm owned 1,208,253 shares of the exchange traded fund’s stock after acquiring an additional 141,996 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares MSCI South Korea ETF were worth $96,781,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of EWY. CWM LLC lifted its holdings in shares of iShares MSCI South Korea ETF by 328.8% in the 2nd quarter. CWM LLC now owns 596 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 457 shares during the period. FLP Wealth Management LLC purchased a new position in shares of iShares MSCI South Korea ETF during the third quarter valued at $103,000. Farther Finance Advisors LLC raised 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 valued at $132,000 after acquiring an additional 1,100 shares in the last quarter. Friedenthal Financial bought a new stake in shares of iShares MSCI South Korea ETF in the third quarter valued at about $149,000. Finally, Blue Trust Inc. lifted its stake in 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 during the period. 49.22% of the stock is owned by institutional investors.

iShares MSCI South Korea ETF Stock Performance

NYSEARCA EWY opened at $139.30 on Tuesday. iShares MSCI South Korea ETF has a one year low of $48.49 and a one year high of $141.98. The company has a market capitalization of $13.70 billion, a price-to-earnings ratio of 10.35 and a beta of 1.22. The company’s 50-day simple moving average is $113.26 and its two-hundred day simple moving average is $94.72.

iShares MSCI South Korea ETF 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.