Lido Advisors LLC Buys 53,203 Shares of iShares MSCI South Korea ETF $EWY

Lido Advisors LLC boosted its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 106.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,359 shares of the exchange traded fund’s stock after acquiring an additional 53,203 shares during the quarter. Lido Advisors LLC owned 0.08% of iShares MSCI South Korea ETF worth $12,714,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Prestige Wealth Management Group LLC acquired a new stake in shares of iShares MSCI South Korea ETF in the 1st quarter valued at $25,000. Levin Capital Strategies L.P. bought a new stake in shares of iShares MSCI South Korea ETF in the 1st quarter worth about $559,000. Sachem Hill LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the 1st quarter worth about $213,000. Acumen Wealth Advisors LLC increased its position in shares of iShares MSCI South Korea ETF by 296.4% during the 1st quarter. Acumen Wealth Advisors LLC now owns 329 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 246 shares in the last quarter. Finally, CI Investments Inc. bought a new position in iShares MSCI South Korea ETF during the 1st quarter valued at about $3,334,000. 49.22% of the stock is owned by institutional investors.

iShares MSCI South Korea ETF Stock Up 2.0%

Shares of EWY stock opened at $173.86 on Friday. The company has a market capitalization of $23.72 billion, a P/E ratio of 10.35 and a beta of 1.46. iShares MSCI South Korea ETF has a 12-month low of $70.36 and a 12-month high of $220.89. The firm has a 50-day moving average price of $190.00 and a 200 day moving average price of $154.29.

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.