JPMorgan Chase & Co. Buys 184,207 Shares of iShares MSCI South Korea ETF (NYSEARCA:EWY)

JPMorgan Chase & Co. raised its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 25.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 913,197 shares of the exchange traded fund’s stock after buying an additional 184,207 shares during the period. JPMorgan Chase & Co.’s holdings in iShares MSCI South Korea ETF were worth $58,408,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EWY. Sun Life Financial Inc. lifted its holdings in iShares MSCI South Korea ETF by 46.0% during the second quarter. Sun Life Financial Inc. now owns 1,490,773 shares of the exchange traded fund’s stock worth $98,525,000 after acquiring an additional 469,500 shares in the last quarter. Hsbc Holdings PLC raised its position in shares of iShares MSCI South Korea ETF by 49.7% during the second quarter. Hsbc Holdings PLC now owns 1,263,030 shares of the exchange traded fund’s stock worth $83,474,000 after purchasing an additional 419,112 shares during the period. City of London Investment Management Co. Ltd. lifted its holdings in shares of iShares MSCI South Korea ETF by 125.2% during the 2nd quarter. City of London Investment Management Co. Ltd. now owns 519,978 shares of the exchange traded fund’s stock valued at $34,365,000 after purchasing an additional 289,047 shares in the last quarter. MKP Capital Management L.L.C. acquired a new position in shares of iShares MSCI South Korea ETF in the 2nd quarter valued at approximately $17,252,000. Finally, Bank of Montreal Can grew its position in shares of iShares MSCI South Korea ETF by 15,976.1% in the 3rd quarter. Bank of Montreal Can now owns 233,907 shares of the exchange traded fund’s stock valued at $15,517,000 after purchasing an additional 232,452 shares during the period.

iShares MSCI South Korea ETF Stock Performance

Shares of EWY stock opened at $52.84 on Friday. iShares MSCI South Korea ETF has a 52 week low of $50.74 and a 52 week high of $69.51. The company’s 50 day moving average price is $56.14 and its two-hundred day moving average price is $61.50. The company has a market capitalization of $4.20 billion, a P/E 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.