Prudential PLC Acquires New Position in iShares MSCI South Korea ETF (NYSEARCA:EWY)

Prudential PLC acquired a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the second quarter, HoldingsChannel reports. The fund acquired 1,223 shares of the exchange traded fund’s stock, valued at approximately $81,000.

Other institutional investors have also recently bought and sold shares of the company. Founders Capital Management bought a new stake in shares of iShares MSCI South Korea ETF in the 1st quarter valued at about $27,000. International Assets Investment Management LLC acquired a new position in iShares MSCI South Korea ETF during the second quarter valued at approximately $49,000. CWM LLC increased its stake in iShares MSCI South Korea ETF by 460.0% in the first quarter. CWM LLC now owns 1,120 shares of the exchange traded fund’s stock valued at $75,000 after purchasing an additional 920 shares in the last quarter. Picton Mahoney Asset Management acquired a new stake in iShares MSCI South Korea ETF in the first quarter worth $168,000. Finally, BOCHK Asset Management Ltd bought a new position in shares of iShares MSCI South Korea ETF during the fourth quarter worth $197,000.

iShares MSCI South Korea ETF Stock Up 1.3 %

Shares of EWY stock opened at $63.30 on Friday. iShares MSCI South Korea ETF has a 12-month low of $54.49 and a 12-month high of $69.51. The firm has a fifty day moving average of $64.70 and a 200-day moving average of $64.89. The firm has a market capitalization of $5.03 billion, a price-to-earnings ratio of 9.60 and a beta of 1.25.

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.