Robinson Value Management Ltd. Makes New $1.51 Million Investment in iShares MSCI South Korea ETF $EWY

Robinson Value Management Ltd. acquired a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 18,895 shares of the exchange traded fund’s stock, valued at approximately $1,513,000.

Several other institutional investors and hedge funds have also modified their holdings of EWY. CWM LLC grew its stake in iShares MSCI South Korea ETF by 328.8% in the 2nd quarter. CWM LLC now owns 596 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 457 shares during the period. Ameritas Advisory Services LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the second quarter worth $76,000. Private Wealth Management Group LLC boosted its holdings in shares of iShares MSCI South Korea ETF by 83.3% during the second quarter. Private Wealth Management Group LLC now owns 1,320 shares of the exchange traded fund’s stock worth $95,000 after purchasing an additional 600 shares during the last quarter. FLP Wealth Management LLC purchased a new position in iShares MSCI South Korea ETF during the third quarter worth about $103,000. Finally, WestEnd Advisors LLC purchased a new position in iShares MSCI South Korea ETF during the second quarter worth about $106,000. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

EWY opened at $112.22 on Tuesday. The stock has a market capitalization of $10.09 billion, a price-to-earnings ratio of 10.35 and a beta of 1.22. The business has a 50-day moving average of $96.71 and a two-hundred day moving average of $85.40. iShares MSCI South Korea ETF has a 12 month low of $48.49 and a 12 month high of $112.26.

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.