iShares MSCI South Korea ETF (NYSEARCA:EWY) Reaches New 12-Month High – What’s Next?

iShares MSCI South Korea ETF (NYSEARCA:EWY)’s share price reached a new 52-week high on Monday . The stock traded as high as $79.03 and last traded at $79.18, with a volume of 21310 shares traded. The stock had previously closed at $78.66.

iShares MSCI South Korea ETF Stock Up 0.7%

The firm’s 50-day moving average price is $73.19 and its two-hundred day moving average price is $64.19. The firm has a market capitalization of $5.69 billion, a PE ratio of 10.35 and a beta of 1.05.

Institutional Trading of iShares MSCI South Korea ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Banque Transatlantique SA acquired a new position in iShares MSCI South Korea ETF during the first quarter valued at $25,000. CWM LLC increased its holdings in shares of iShares MSCI South Korea ETF by 328.8% in the 2nd quarter. CWM LLC now owns 596 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 457 shares during the period. Private Trust Co. NA increased its holdings in shares of iShares MSCI South Korea ETF by 325.3% in the 1st quarter. Private Trust Co. NA now owns 706 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 540 shares during the period. Private Wealth Management Group LLC purchased a new stake in shares of iShares MSCI South Korea ETF in the first quarter worth approximately $39,000. Finally, Hara Capital LLC boosted its holdings in shares of iShares MSCI South Korea ETF by 75.5% during the fourth quarter. Hara Capital LLC now owns 930 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 400 shares during the period. Institutional investors and hedge funds own 49.22% of the company’s stock.

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.