Continuum Advisory LLC Takes Position in iShares MSCI South Korea ETF $EWY

Continuum Advisory LLC bought a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 9,432 shares of the exchange traded fund’s stock, valued at approximately $917,000.

Other institutional investors have also modified their holdings of the company. Nvwm LLC acquired a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter valued at about $29,000. Berbice Capital Management LLC acquired a new stake in iShares MSCI South Korea ETF during the fourth quarter worth about $34,000. Larson Financial Group LLC raised its stake in iShares MSCI South Korea ETF by 281.7% during the fourth quarter. Larson Financial Group LLC now owns 416 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 307 shares during the period. Private Trust Co. NA raised its stake in iShares MSCI South Korea ETF by 120.5% during the fourth quarter. Private Trust Co. NA now owns 485 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 265 shares during the period. Finally, IFP Advisors Inc raised its stake in iShares MSCI South Korea ETF by 403.0% during the fourth quarter. IFP Advisors Inc now owns 503 shares of the exchange traded fund’s stock worth $49,000 after acquiring an additional 403 shares during the period. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Down 14.1%

EWY opened at $175.19 on Friday. The firm has a market cap of $23.31 billion, a price-to-earnings ratio of 10.35 and a beta of 1.45. iShares MSCI South Korea ETF has a fifty-two week low of $65.28 and a fifty-two week high of $217.76. The company’s 50-day moving average price is $164.14 and its 200 day moving average price is $131.21.

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.