JCIC Asset Management Inc. Purchases New Shares in iShares MSCI South Korea ETF $EWY

JCIC Asset Management Inc. purchased a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 9,010 shares of the exchange traded fund’s stock, valued at approximately $1,647,000.

Several other institutional investors have also recently bought and sold shares of EWY. BOCHK Asset Management Ltd increased its stake in shares of iShares MSCI South Korea ETF by 50.0% in the 3rd quarter. BOCHK Asset Management Ltd now owns 1,650 shares of the exchange traded fund’s stock valued at $302,000 after buying an additional 550 shares during the period. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of iShares MSCI South Korea ETF during the third quarter worth $594,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of iShares MSCI South Korea ETF during the third quarter valued at $19,295,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of iShares MSCI South Korea ETF during the third quarter valued at $1,462,000. Finally, Vise Technologies Inc. acquired a new position in shares of iShares MSCI South Korea ETF during the third quarter valued at $260,000. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Down 1.9%

iShares MSCI South Korea ETF stock opened at $152.12 on Thursday. The business’s 50-day simple moving average is $173.90 and its 200 day simple moving average is $162.78. The stock has a market cap of $22.29 billion, a price-to-earnings ratio of 10.35 and a beta of 1.60. iShares MSCI South Korea ETF has a 12-month low of $86.90 and a 12-month high of $220.89.

About iShares MSCI South Korea ETF

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.