Silicon Valley Capital Partners Buys Shares of 4,000 iShares MSCI South Korea ETF $EWY

Silicon Valley Capital Partners bought a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,000 shares of the exchange traded fund’s stock, valued at approximately $492,000.

Several other large investors have also bought and sold shares of EWY. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of iShares MSCI South Korea ETF in the 4th quarter worth $2,231,000. MRA Advisory Group lifted its holdings in shares of iShares MSCI South Korea ETF by 1,746.7% in the 1st quarter. MRA Advisory Group now owns 54,718 shares of the exchange traded fund’s stock valued at $6,731,000 after acquiring an additional 51,755 shares during the last quarter. Main Street Research LLC bought a new position in shares of iShares MSCI South Korea ETF in the 4th quarter valued at about $34,558,000. Wealth Enhancement Advisory Services LLC grew its position in iShares MSCI South Korea ETF by 183.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,251 shares of the exchange traded fund’s stock worth $780,000 after acquiring an additional 4,695 shares in the last quarter. Finally, Tower View Wealth Management LLC purchased a new position in iShares MSCI South Korea ETF in the fourth quarter worth about $1,467,000. 49.22% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Price Performance

Shares of NYSEARCA EWY opened at $161.21 on Friday. iShares MSCI South Korea ETF has a 1-year low of $70.36 and a 1-year high of $220.89. The business’s 50 day moving average is $187.71 and its two-hundred day moving average is $156.03. The stock has a market capitalization of $22.96 billion, a P/E ratio of 10.35 and a beta of 1.46.

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.