Pictet North America Advisors SA Invests $980,000 in iShares MSCI South Korea ETF (NYSEARCA:EWY)

Pictet North America Advisors SA purchased a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 19,265 shares of the exchange traded fund’s stock, valued at approximately $980,000.

A number of other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of iShares MSCI South Korea ETF by 25.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 913,197 shares of the exchange traded fund’s stock worth $58,408,000 after buying an additional 184,207 shares during the last quarter. Blue Trust Inc. grew its stake in iShares MSCI South Korea ETF by 37.9% in the 3rd quarter. Blue Trust Inc. now owns 5,981 shares of the exchange traded fund’s stock valued at $395,000 after purchasing an additional 1,645 shares during the period. Fisher Asset Management LLC increased its position in shares of iShares MSCI South Korea ETF by 6.9% during the 3rd quarter. Fisher Asset Management LLC now owns 4,768 shares of the exchange traded fund’s stock valued at $305,000 after purchasing an additional 309 shares during the last quarter. Truist Financial Corp bought a new stake in shares of iShares MSCI South Korea ETF during the 2nd quarter worth $537,000. Finally, OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in shares of iShares MSCI South Korea ETF by 1.1% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 33,646 shares of the exchange traded fund’s stock worth $2,152,000 after buying an additional 360 shares during the last quarter.

iShares MSCI South Korea ETF Stock Performance

Shares of EWY stock opened at $56.35 on Friday. iShares MSCI South Korea ETF has a 52 week low of $50.74 and a 52 week high of $69.51. The firm’s 50-day simple moving average is $54.01 and its two-hundred day simple moving average is $59.18. The firm has a market cap of $4.47 billion, a price-to-earnings 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.