Gemmer Asset Management LLC Makes New Investment in iShares MSCI South Korea ETF $EWY

Gemmer Asset Management LLC acquired a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY – Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 11,723 shares of the exchange traded fund’s stock, valued at approximately $2,143,000.

Other institutional investors have also added to or reduced their stakes in the company. USA Financial Formulas purchased a new stake in shares of iShares MSCI South Korea ETF in the 3rd quarter worth about $317,000. Banque Pictet & Cie SA bought a new stake in shares of iShares MSCI South Korea ETF during the 3rd quarter valued at about $10,102,000. Daytona Street Capital LLC bought a new stake in shares of iShares MSCI South Korea ETF during the 3rd quarter valued at about $103,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of iShares MSCI South Korea ETF during the 3rd quarter valued at about $658,000. Finally, Contravisory Investment Management Inc. purchased a new position in shares of iShares MSCI South Korea ETF during the third quarter valued at about $624,000. 49.22% of the stock is currently owned by institutional investors.

iShares MSCI South Korea ETF Price Performance

Shares of NYSEARCA EWY opened at $150.44 on Friday. iShares MSCI South Korea ETF has a 1 year low of $86.90 and a 1 year high of $220.89. The company’s 50-day moving average is $179.42 and its 200 day moving average is $175.61. The stock has a market capitalization of $21.42 billion, a P/E ratio of 10.35 and a beta of 1.51.

iShares MSCI South Korea ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares MSCI South Korea ETF (NYSEARCA:EWY)

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