Global Endowment Management LP Acquires 2,890 Shares of iShares MSCI South Korea ETF $EWY

Global Endowment Management LP increased its holdings in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 47.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,000 shares of the exchange traded fund’s stock after purchasing an additional 2,890 shares during the period. Global Endowment Management LP’s holdings in iShares MSCI South Korea ETF were worth $875,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Guidance Capital Inc. lifted its position in iShares MSCI South Korea ETF by 2.4% during 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 last quarter. Diversify Advisory Services LLC lifted its position in iShares MSCI South Korea ETF by 1.9% during the fourth quarter. Diversify Advisory Services LLC now owns 8,769 shares of the exchange traded fund’s stock valued at $853,000 after acquiring an additional 162 shares during the last quarter. Creative Planning lifted its position in iShares MSCI South Korea ETF by 3.6% during the second quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock valued at $360,000 after acquiring an additional 176 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in iShares MSCI South Korea ETF by 5.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,844 shares of the exchange traded fund’s stock valued at $374,000 after acquiring an additional 184 shares during the last quarter. Finally, Journey Advisory Group LLC lifted its position in iShares MSCI South Korea ETF by 0.3% during the fourth quarter. Journey Advisory Group LLC now owns 60,001 shares of the exchange traded fund’s stock valued at $5,833,000 after acquiring an additional 198 shares during the last quarter. 49.22% of the stock is currently owned by institutional investors.

iShares MSCI South Korea ETF Stock Down 0.7%

NYSEARCA:EWY opened at $197.45 on Friday. iShares MSCI South Korea ETF has a 52 week low of $66.11 and a 52 week high of $217.76. The firm has a 50 day moving average of $170.90 and a 200 day moving average of $134.65. The stock has a market capitalization of $26.27 billion, a price-to-earnings ratio of 10.35 and a beta of 1.45.

iShares MSCI South Korea ETF 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.