MRA Advisory Group Boosts Holdings in iShares MSCI South Korea ETF $EWY

MRA Advisory Group boosted its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 1,746.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,718 shares of the exchange traded fund’s stock after purchasing an additional 51,755 shares during the quarter. iShares MSCI South Korea ETF comprises approximately 2.7% of MRA Advisory Group’s portfolio, making the stock its 11th biggest position. MRA Advisory Group’s holdings in iShares MSCI South Korea ETF were worth $6,731,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in EWY. Viewpoint Capital Management LLC boosted its holdings in shares of iShares MSCI South Korea ETF by 20,000.0% in the 1st quarter. Viewpoint Capital Management LLC now owns 201 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 200 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in iShares MSCI South Korea ETF during the 4th quarter worth $26,000. Nvwm LLC purchased a new stake in iShares MSCI South Korea ETF in the fourth quarter valued at $29,000. Intesa Sanpaolo Wealth Management purchased a new stake in iShares MSCI South Korea ETF in the fourth quarter valued at $31,000. Finally, Berbice Capital Management LLC acquired a new position in iShares MSCI South Korea ETF in the fourth quarter valued at $34,000. 49.22% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Stock Performance

Shares of EWY stock opened at $197.28 on Friday. The stock’s 50-day moving average is $185.33 and its two-hundred day moving average is $142.73. The firm has a market cap of $26.25 billion, a price-to-earnings ratio of 10.35 and a beta of 1.45. iShares MSCI South Korea ETF has a 1 year low of $69.85 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.