WCM Investment Management LLC Acquires Shares of 24,744 iShares MSCI South Korea ETF $EWY

WCM Investment Management LLC bought a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the 1st quarter, Holdings Channel.com reports. The institutional investor bought 24,744 shares of the exchange traded fund’s stock, valued at approximately $3,044,000.

Several other large investors have also made changes to their positions in EWY. Viewpoint Capital Management LLC increased its position in shares of 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 purchasing an additional 200 shares in the last quarter. Archer Investment Corp acquired a new position in iShares MSCI South Korea ETF in the first quarter valued at about $25,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in iShares MSCI South Korea ETF during the fourth quarter worth about $26,000. Nvwm LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth approximately $29,000. Finally, Parallel Advisors LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the first quarter worth approximately $29,000. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Up 0.2%

NYSEARCA:EWY opened at $162.86 on Tuesday. The stock has a market capitalization of $21.73 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 firm has a 50 day moving average of $190.81 and a 200-day moving average of $152.74.

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.