abrdn plc Makes New $3.08 Million Investment in iShares MSCI South Korea ETF (NYSEARCA:EWY)

abrdn plc purchased a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 60,548 shares of the exchange traded fund’s stock, valued at approximately $3,083,000. abrdn plc owned about 0.08% of iShares MSCI South Korea ETF at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in iShares MSCI South Korea ETF by 25.3% during the third quarter. JPMorgan Chase & Co. now owns 913,197 shares of the exchange traded fund’s stock valued at $58,408,000 after buying an additional 184,207 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of iShares MSCI South Korea ETF by 37.9% during the 3rd quarter. Blue Trust Inc. now owns 5,981 shares of the exchange traded fund’s stock valued at $395,000 after acquiring an additional 1,645 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of iShares MSCI South Korea ETF by 6.9% in the 3rd quarter. Fisher Asset Management LLC now owns 4,768 shares of the exchange traded fund’s stock valued at $305,000 after acquiring an additional 309 shares in the last quarter. Millennium Management LLC lifted its holdings in iShares MSCI South Korea ETF by 174.4% in the 2nd quarter. Millennium Management LLC now owns 48,486 shares of the exchange traded fund’s stock worth $3,204,000 after purchasing an additional 30,818 shares during the last quarter. Finally, Truist Financial Corp bought a new stake in iShares MSCI South Korea ETF during the second quarter worth approximately $537,000.

iShares MSCI South Korea ETF Stock Down 2.0 %

Shares of EWY stock opened at $54.14 on Monday. The business’s 50 day moving average is $54.06 and its two-hundred day moving average is $59.36. iShares MSCI South Korea ETF has a 12 month low of $50.74 and a 12 month high of $69.51. The company has a market cap of $4.30 billion, a PE ratio of 9.60 and a beta of 1.25.

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.