iShares MSCI South Korea ETF $EWY Stock Purchased by Lido Advisors LLC

Lido Advisors LLC raised its holdings in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 11.8% during the third quarter, HoldingsChannel.com reports. The firm owned 121,691 shares of the exchange traded fund’s stock after acquiring an additional 12,817 shares during the quarter. Lido Advisors LLC’s holdings in iShares MSCI South Korea ETF were worth $22,243,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. MKP Capital Management L.L.C. acquired a new stake in shares of iShares MSCI South Korea ETF during the 3rd quarter worth approximately $6,338,000. Idaho Trust Co bought a new stake in shares of iShares MSCI South Korea ETF during the third quarter worth approximately $309,000. Elite Wealth Management Inc. raised its stake in shares of iShares MSCI South Korea ETF by 0.6% during the third quarter. Elite Wealth Management Inc. now owns 36,146 shares of the exchange traded fund’s stock worth $6,607,000 after buying an additional 222 shares during the last quarter. Madrid Financial Services bought a new stake in shares of iShares MSCI South Korea ETF during the third quarter worth approximately $10,155,000. Finally, Point Nemo Capital LLC lifted its holdings in iShares MSCI South Korea ETF by 42.9% in the third quarter. Point Nemo Capital LLC now owns 46,735 shares of the exchange traded fund’s stock valued at $8,542,000 after buying an additional 14,037 shares during the period. 49.22% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Price Performance

Shares of NYSEARCA EWY opened at $147.81 on Thursday. The company’s 50 day simple moving average is $169.89 and its 200 day simple moving average is $163.40. iShares MSCI South Korea ETF has a fifty-two week low of $86.90 and a fifty-two week high of $220.89. The firm has a market capitalization of $21.62 billion, a P/E ratio of 7.18 and a beta of 1.59.

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.