iShares MSCI South Korea ETF (NYSEARCA:EWY) Reaches New 52-Week High – Here’s Why

iShares MSCI South Korea ETF (NYSEARCA:EWYGet Free Report)’s share price hit a new 52-week high on Thursday . The company traded as high as $72.70 and last traded at $72.62, with a volume of 693471 shares. The stock had previously closed at $71.95.

iShares MSCI South Korea ETF Trading Up 1.0%

The business has a 50-day moving average price of $63.36 and a two-hundred day moving average price of $57.63. The firm has a market capitalization of $4.95 billion, a price-to-earnings ratio of 10.35 and a beta of 1.05.

Institutional Trading of iShares MSCI South Korea ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. SBI Securities Co. Ltd. acquired a new stake in iShares MSCI South Korea ETF in the 4th quarter valued at approximately $49,000. Assetmark Inc. increased its position in iShares MSCI South Korea ETF by 6,375.0% in the 4th quarter. Assetmark Inc. now owns 777 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 765 shares during the period. Raymond James Financial Inc. acquired a new stake in iShares MSCI South Korea ETF in the 4th quarter valued at approximately $2,134,000. Amundi increased its position in iShares MSCI South Korea ETF by 36.5% in the 4th quarter. Amundi now owns 44,100 shares of the exchange traded fund’s stock valued at $2,396,000 after acquiring an additional 11,800 shares during the period. Finally, Wealthfront Advisers LLC acquired a new stake in iShares MSCI South Korea ETF in the 4th quarter valued at approximately $2,851,000. 49.22% of the stock is currently owned by institutional investors and hedge funds.

About iShares MSCI South Korea ETF

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for iShares MSCI South Korea ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI South Korea ETF and related companies with MarketBeat.com's FREE daily email newsletter.