Trivium Point Advisory LLC Takes Position in iShares MSCI South Korea ETF $EWY

Trivium Point Advisory LLC acquired a new position in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 54,385 shares of the exchange traded fund’s stock, valued at approximately $5,287,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in EWY. B. Riley Wealth Advisors Inc. purchased a new position in shares of iShares MSCI South Korea ETF during the third quarter worth about $394,000. ABC Arbitrage SA purchased a new position in iShares MSCI South Korea ETF in the 3rd quarter worth approximately $512,000. Diversify Advisory Services LLC bought a new position in shares of iShares MSCI South Korea ETF in the 3rd quarter worth $689,000. Cibc World Market Inc. raised its position in shares of iShares MSCI South Korea ETF by 6.2% during the 3rd quarter. Cibc World Market Inc. now owns 81,215 shares of the exchange traded fund’s stock valued at $6,505,000 after buying an additional 4,733 shares in the last quarter. Finally, Choreo LLC bought a new stake in shares of iShares MSCI South Korea ETF during the 3rd quarter worth $376,000. 49.22% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Stock Performance

Shares of NYSEARCA:EWY opened at $147.47 on Friday. The firm has a market capitalization of $19.19 billion, a PE ratio of 10.35 and a beta of 1.23. iShares MSCI South Korea ETF has a 52-week low of $54.03 and a 52-week high of $154.22. The firm has a fifty day moving average of $132.91 and a 200 day moving average of $109.70.

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.