41,936 Shares in iShares MSCI South Korea ETF (NYSEARCA:EWY) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 41,936 shares of the exchange traded fund’s stock, valued at approximately $2,134,000.

A number of other hedge funds have also added to or reduced their stakes in EWY. Assetmark Inc. grew its holdings in iShares MSCI South Korea ETF by 6,375.0% during the 4th quarter. Assetmark Inc. now owns 777 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 765 shares in the last quarter. Summit Securities Group LLC purchased a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter worth approximately $41,000. Hara Capital LLC boosted its stake in shares of iShares MSCI South Korea ETF by 75.5% during the fourth quarter. Hara Capital LLC now owns 930 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 400 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in iShares MSCI South Korea ETF during the fourth quarter valued at approximately $49,000. Finally, Mainstream Capital Management LLC bought a new position in iShares MSCI South Korea ETF in the fourth quarter worth approximately $145,000.

iShares MSCI South Korea ETF Stock Up 0.2 %

iShares MSCI South Korea ETF stock opened at $56.19 on Thursday. iShares MSCI South Korea ETF has a twelve month low of $48.49 and a twelve month high of $69.52. The business has a fifty day moving average of $54.97 and a two-hundred day moving average of $55.90. The firm has a market cap of $2.89 billion, a P/E ratio of 9.12 and a beta of 1.09.

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.