GenTrust LLC Boosts Position in iShares MSCI South Korea ETF (NYSEARCA:EWY)

GenTrust LLC raised its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 7.3% during the 1st quarter, HoldingsChannel reports. The firm owned 17,586 shares of the exchange traded fund’s stock after acquiring an additional 1,200 shares during the quarter. GenTrust LLC’s holdings in iShares MSCI South Korea ETF were worth $950,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bessemer Group Inc. grew its stake in iShares MSCI South Korea ETF by 616.1% during the 1st quarter. Bessemer Group Inc. now owns 25,993 shares of the exchange traded fund’s stock valued at $1,404,000 after purchasing an additional 22,363 shares in the last quarter. Cambridge Investment Research Advisors Inc. bought a new stake in iShares MSCI South Korea ETF in the first quarter valued at $215,000. Innealta Capital LLC boosted its stake in iShares MSCI South Korea ETF by 36.7% during the 1st quarter. Innealta Capital LLC now owns 9,801 shares of the exchange traded fund’s stock valued at $530,000 after purchasing an additional 2,630 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new position in shares of iShares MSCI South Korea ETF during the first quarter worth approximately $395,000. Finally, Grove Bank & Trust bought a new stake in iShares MSCI South Korea ETF during the 1st quarter valued at $54,000.

iShares MSCI South Korea ETF Stock Down 0.4%

Shares of EWY opened at $72.37 on Thursday. The firm has a 50-day moving average price of $61.00 and a 200 day moving average price of $56.80. The firm has a market capitalization of $4.16 billion, a PE ratio of 10.07 and a beta of 1.12. iShares MSCI South Korea ETF has a 52-week low of $48.49 and a 52-week high of $72.68.

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.