iShares MSCI South Korea ETF $EWY Shares Bought by Wealthfront Advisers LLC

Wealthfront Advisers LLC raised its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 209.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,566 shares of the exchange traded fund’s stock after purchasing an additional 8,505 shares during the period. Wealthfront Advisers LLC’s holdings in iShares MSCI South Korea ETF were worth $1,546,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Viewpoint Capital Management LLC increased its stake in shares of iShares MSCI South Korea ETF by 20,000.0% during the first quarter. Viewpoint Capital Management LLC now owns 201 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 200 shares in the last quarter. Archer Investment Corp purchased a new position in iShares MSCI South Korea ETF in the 1st quarter valued at about $25,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in iShares MSCI South Korea ETF in the 4th quarter valued at about $26,000. Nvwm LLC acquired a new stake in iShares MSCI South Korea ETF in the 4th quarter worth about $29,000. Finally, Intesa Sanpaolo Wealth Management acquired a new stake in iShares MSCI South Korea ETF in the 4th quarter worth about $31,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Up 0.2%

NYSEARCA:EWY opened at $162.86 on Tuesday. The stock has a 50 day moving average of $190.81 and a two-hundred day moving average of $152.74. iShares MSCI South Korea ETF has a 12 month low of $70.36 and a 12 month high of $220.89. The firm has a market cap of $21.73 billion, a P/E ratio of 10.35 and a beta of 1.46.

iShares MSCI South Korea ETF Company 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. 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.