Linden Rose Investment LLC Invests $476,000 in iShares MSCI South Korea ETF $EWY

Linden Rose Investment LLC acquired a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 3,866 shares of the exchange traded fund’s stock, valued at approximately $476,000. iShares MSCI South Korea ETF comprises about 0.6% of Linden Rose Investment LLC’s portfolio, making the stock its 6th largest holding.

A number of other hedge funds also recently made changes to their positions in the stock. Whittier Trust Co. of Nevada Inc. bought a new stake in iShares MSCI South Korea ETF during the fourth quarter worth about $2,231,000. CIBC Bancorp USA Inc. bought a new position in shares of iShares MSCI South Korea ETF during the 3rd quarter valued at about $8,432,000. Main Street Research LLC bought a new position in shares of iShares MSCI South Korea ETF during the 4th quarter valued at about $34,558,000. MRA Advisory Group raised its holdings in shares of iShares MSCI South Korea ETF by 1,746.7% during the 1st quarter. MRA Advisory Group now owns 54,718 shares of the exchange traded fund’s stock valued at $6,731,000 after buying an additional 51,755 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares MSCI South Korea ETF by 183.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,251 shares of the exchange traded fund’s stock valued at $780,000 after buying an additional 4,695 shares in the last quarter. 49.22% of the stock is owned by institutional investors.

iShares MSCI South Korea ETF Price Performance

NYSEARCA:EWY opened at $171.64 on Thursday. The company has a market capitalization of $20.39 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46. The business has a 50 day moving average of $192.23 and a 200 day moving average of $151.36. iShares MSCI South Korea ETF has a 1-year low of $70.36 and a 1-year high of $220.89.

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.