NWI Management LP Makes New Investment in iShares MSCI South Korea ETF $EWY

NWI Management LP bought a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the 1st quarter, Holdings Channel reports. The institutional investor bought 9,000 shares of the exchange traded fund’s stock, valued at approximately $1,107,000.

A number of other large investors also recently made changes to their positions in the stock. First Growth Capital LLC grew its stake in shares of iShares MSCI South Korea ETF by 3.2% during the first quarter. First Growth Capital LLC now owns 2,567 shares of the exchange traded fund’s stock worth $324,000 after purchasing an additional 79 shares during the period. Sunbelt Securities Inc. increased its holdings in iShares MSCI South Korea ETF by 66.2% in the first quarter. Sunbelt Securities Inc. now owns 251 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 100 shares during the last quarter. Diversify Advisory Services LLC lifted its stake in iShares MSCI South Korea ETF by 1.9% in the fourth quarter. Diversify Advisory Services LLC now owns 8,769 shares of the exchange traded fund’s stock valued at $853,000 after buying an additional 162 shares during the period. Creative Planning lifted its stake in iShares MSCI South Korea ETF by 3.6% in the second quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock valued at $360,000 after buying an additional 176 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings 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 worth $374,000 after buying an additional 184 shares during the last quarter. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Down 2.5%

Shares of EWY opened at $157.10 on Friday. The stock has a market cap of $22.41 billion, a P/E ratio of 10.35 and a beta of 1.46. iShares MSCI South Korea ETF has a 1 year low of $70.36 and a 1 year high of $220.89. The stock’s 50-day moving average price is $187.21 and its two-hundred day moving average price is $156.03.

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.