Cullen Capital Management LLC Acquires 46,489 Shares of iShares MSCI South Korea ETF $EWY

Cullen Capital Management LLC raised its holdings in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 20.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 269,232 shares of the exchange traded fund’s stock after acquiring an additional 46,489 shares during the period. Cullen Capital Management LLC’s holdings in iShares MSCI South Korea ETF were worth $26,175,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Solstein Capital LLC bought a new position in shares of iShares MSCI South Korea ETF in the fourth quarter worth approximately $152,000. Castleark Management LLC bought a new position in shares of iShares MSCI South Korea ETF in the fourth quarter worth approximately $98,000. Federation des caisses Desjardins du Quebec grew its holdings in shares of iShares MSCI South Korea ETF by 433.1% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 89,034 shares of the exchange traded fund’s stock worth $8,656,000 after purchasing an additional 72,334 shares during the last quarter. Orion Porfolio Solutions LLC grew its holdings in shares of iShares MSCI South Korea ETF by 21.4% in the fourth quarter. Orion Porfolio Solutions LLC now owns 3,169 shares of the exchange traded fund’s stock worth $308,000 after purchasing an additional 558 shares during the last quarter. Finally, Index Technologies Group LLC bought a new position in shares of iShares MSCI South Korea ETF in the fourth quarter worth approximately $301,000. 49.22% of the stock is currently owned by institutional investors.

iShares MSCI South Korea ETF Stock Performance

Shares of iShares MSCI South Korea ETF stock 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 stock has a market capitalization of $26.27 billion, a price-to-earnings ratio of 10.35 and a beta of 1.45. The company’s 50 day moving average price is $170.90 and its 200-day moving average price is $134.65.

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.