Tradewinds Capital Management LLC Invests $31.53 Million in iShares MSCI South Korea ETF $EWY

Tradewinds Capital Management LLC acquired a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 324,352 shares of the exchange traded fund’s stock, valued at approximately $31,534,000. iShares MSCI South Korea ETF comprises about 6.7% of Tradewinds Capital Management LLC’s investment portfolio, making the stock its 7th largest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Knights of Columbus Asset Advisors LLC grew its holdings in iShares MSCI South Korea ETF by 2.4% in the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 5,820 shares of the exchange traded fund’s stock valued at $466,000 after buying an additional 138 shares during the last quarter. Guidance Capital Inc. boosted its position in shares of iShares MSCI South Korea ETF by 2.4% in the third quarter. Guidance Capital Inc. now owns 6,221 shares of the exchange traded fund’s stock valued at $498,000 after acquiring an additional 146 shares during the period. Creative Planning grew its stake in shares of iShares MSCI South Korea ETF by 3.6% in the second quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock worth $360,000 after acquiring an additional 176 shares during the last quarter. Boltwood Capital Management grew its stake in shares of iShares MSCI South Korea ETF by 5.3% in the third quarter. Boltwood Capital Management now owns 4,000 shares of the exchange traded fund’s stock worth $320,000 after acquiring an additional 200 shares during the last quarter. Finally, Leavell Investment Management Inc. increased its position in iShares MSCI South Korea ETF by 1.9% during the third quarter. Leavell Investment Management Inc. now owns 14,736 shares of the exchange traded fund’s stock worth $1,180,000 after acquiring an additional 268 shares during the period. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Up 0.8%

Shares of EWY stock opened at $120.98 on Friday. The firm has a market capitalization of $11.90 billion, a P/E ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a 1 year low of $48.49 and a 1 year high of $154.22. The firm’s fifty day simple moving average is $129.07 and its 200 day simple moving average is $104.47.

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.