FNY Investment Advisers LLC Invests $762,000 in iShares MSCI South Korea ETF (NYSEARCA:EWY)

FNY Investment Advisers LLC bought a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,990 shares of the exchange traded fund’s stock, valued at approximately $762,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Bridgewater Associates LP raised its stake in shares of iShares MSCI South Korea ETF by 12.9% during the third quarter. Bridgewater Associates LP now owns 1,927,560 shares of the exchange traded fund’s stock worth $123,287,000 after purchasing an additional 220,129 shares during the last quarter. Sun Life Financial Inc. raised its position in shares of iShares MSCI South Korea ETF by 46.0% during the 2nd quarter. Sun Life Financial Inc. now owns 1,490,773 shares of the exchange traded fund’s stock worth $98,525,000 after purchasing an additional 469,500 shares during the last quarter. Hsbc Holdings PLC boosted its stake 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 valued at $83,474,000 after acquiring an additional 419,112 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares MSCI South Korea ETF by 25.3% in 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 during the last quarter. Finally, City of London Investment Management Co. Ltd. lifted its stake 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 worth $34,365,000 after purchasing an additional 289,047 shares during the period.

iShares MSCI South Korea ETF Stock Performance

EWY opened at $53.49 on Tuesday. The stock has a market capitalization of $4.25 billion, a PE ratio of 9.60 and a beta of 1.25. The company’s 50 day simple moving average is $55.31 and its 200 day simple moving average is $61.00. iShares MSCI South Korea ETF has a 1 year low of $50.74 and a 1 year high of $69.51.

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.