Park Avenue Securities LLC Acquires 15,196 Shares of iShares MSCI South Korea ETF $EWY

Park Avenue Securities LLC bought a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 15,196 shares of the exchange traded fund’s stock, valued at approximately $2,778,000.

Several other large investors also recently modified their holdings of the stock. Archer Investment Corp bought a new position in shares of iShares MSCI South Korea ETF in the first quarter worth $25,000. Prestige Wealth Management Group LLC bought a new stake in iShares MSCI South Korea ETF during the first quarter worth about $25,000. GK Wealth Management LLC bought a new stake in iShares MSCI South Korea ETF during the third quarter worth about $25,000. Parallel Advisors LLC bought a new stake in iShares MSCI South Korea ETF during the first quarter worth about $29,000. Finally, Sunbelt Securities Inc. grew its stake in iShares MSCI South Korea ETF by 66.2% during the first quarter. Sunbelt Securities Inc. now owns 251 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 100 shares in the last quarter. 49.22% of the stock is owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Stock Down 5.5%

Shares of iShares MSCI South Korea ETF stock opened at $152.89 on Friday. The company has a market capitalization of $22.41 billion, a price-to-earnings ratio of 10.35 and a beta of 1.51. iShares MSCI South Korea ETF has a 12-month low of $86.90 and a 12-month high of $220.89. The firm’s 50-day moving average price is $175.36 and its two-hundred day moving average price is $162.12.

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.