52,358 Shares in iShares MSCI South Korea ETF $EWY Purchased by Trek Financial LLC

Trek Financial LLC bought a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 52,358 shares of the exchange traded fund’s stock, valued at approximately $4,194,000. Trek Financial LLC owned approximately 0.07% of iShares MSCI South Korea ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. CWM LLC increased its stake in shares of iShares MSCI South Korea ETF by 328.8% in the second quarter. CWM LLC now owns 596 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 457 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in iShares MSCI South Korea ETF during the 2nd quarter worth $76,000. FLP Wealth Management LLC bought a new stake in shares of iShares MSCI South Korea ETF in the 3rd quarter worth about $103,000. Private Wealth Management Group LLC raised its stake in shares of iShares MSCI South Korea ETF by 83.3% in the 2nd quarter. Private Wealth Management Group LLC now owns 1,320 shares of the exchange traded fund’s stock valued at $95,000 after purchasing an additional 600 shares in the last quarter. Finally, WestEnd Advisors LLC bought a new position in shares of iShares MSCI South Korea ETF during the second quarter worth about $106,000. 49.22% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Price Performance

NYSEARCA:EWY traded up $1.98 during mid-day trading on Friday, reaching $117.97. The stock had a trading volume of 8,536,204 shares, compared to its average volume of 8,385,973. The company has a market capitalization of $10.97 billion, a price-to-earnings ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a 1-year low of $48.49 and a 1-year high of $118.41. The stock’s 50 day simple moving average is $98.33 and its two-hundred day simple moving average is $86.42.

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.