World Investment Advisors Invests $445,000 in iShares MSCI South Korea ETF $EWY

World Investment Advisors purchased a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,615 shares of the exchange traded fund’s stock, valued at approximately $445,000.

Other hedge funds also recently modified their holdings of the company. Viewpoint Capital Management LLC grew its position in iShares MSCI South Korea ETF by 20,000.0% during the 1st quarter. Viewpoint Capital Management LLC now owns 201 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 200 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new position in iShares MSCI South Korea ETF in the fourth quarter valued at about $26,000. Nvwm LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter valued at about $29,000. Intesa Sanpaolo Wealth Management acquired a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter valued at about $31,000. Finally, Berbice Capital Management LLC bought a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth about $34,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

NYSEARCA EWY traded down $1.23 during trading hours on Friday, reaching $183.52. The company’s stock had a trading volume of 20,021,750 shares, compared to its average volume of 19,744,248. The firm has a fifty day simple moving average of $192.22 and a 200-day simple moving average of $149.31. The stock has a market cap of $21.77 billion, a P/E ratio of 10.35 and a beta of 1.46. iShares MSCI South Korea ETF has a 52 week low of $70.36 and a 52 week high of $220.89.

iShares MSCI South Korea ETF Company 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.