JCIC Asset Management Inc. Acquires New Position in iShares MSCI South Korea ETF $EWY

JCIC Asset Management Inc. acquired a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the third quarter, HoldingsChannel reports. The fund acquired 9,010 shares of the exchange traded fund’s stock, valued at approximately $1,647,000.

A number of other institutional investors have also recently bought and sold shares of the business. BOCHK Asset Management Ltd raised its position in shares of iShares MSCI South Korea ETF by 50.0% during the 3rd quarter. BOCHK Asset Management Ltd now owns 1,650 shares of the exchange traded fund’s stock valued at $302,000 after acquiring an additional 550 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of iShares MSCI South Korea ETF in the 3rd quarter valued at $594,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares MSCI South Korea ETF in the 3rd quarter worth $19,295,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of iShares MSCI South Korea ETF in the 3rd quarter worth $1,462,000. Finally, Vise Technologies Inc. bought a new position in shares of iShares MSCI South Korea ETF in the 3rd quarter worth $260,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Down 1.9%

Shares of iShares MSCI South Korea ETF stock opened at $152.12 on Thursday. iShares MSCI South Korea ETF has a 12 month low of $86.90 and a 12 month high of $220.89. The business has a fifty day simple moving average of $173.90 and a 200 day simple moving average of $162.78. The stock has a market cap of $22.29 billion, a PE ratio of 10.35 and a beta of 1.60.

About iShares MSCI South Korea ETF

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.