JPMorgan Chase & Co. Buys 141,996 Shares of iShares MSCI South Korea ETF $EWY

JPMorgan Chase & Co. increased its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 13.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,208,253 shares of the exchange traded fund’s stock after buying an additional 141,996 shares during the period. JPMorgan Chase & Co. owned 1.67% of iShares MSCI South Korea ETF worth $96,781,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. acquired a new stake in iShares MSCI South Korea ETF in the third quarter valued at approximately $394,000. ABC Arbitrage SA acquired a new stake in iShares MSCI South Korea ETF in the 3rd quarter valued at $512,000. Cullen Capital Management LLC grew its position in 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 purchasing an additional 95,185 shares during the period. Cibc World Market Inc. raised its holdings in iShares MSCI South Korea ETF by 6.2% during the third quarter. Cibc World Market Inc. now owns 81,215 shares of the exchange traded fund’s stock worth $6,505,000 after buying an additional 4,733 shares during the last quarter. Finally, Diversify Advisory Services LLC bought a new position in shares of iShares MSCI South Korea ETF in the third quarter valued at $689,000. 49.22% of the stock is owned by institutional investors.

iShares MSCI South Korea ETF Price Performance

NYSEARCA:EWY opened at $134.43 on Wednesday. The firm has a 50-day moving average of $126.03 and a 200-day moving average of $101.82. The company has a market cap of $13.22 billion, a PE ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a one year low of $48.49 and a one year high of $154.22.

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.