Clal Insurance Enterprises Holdings Ltd Takes $1.23 Million Position in iShares MSCI South Korea ETF $EWY

Clal Insurance Enterprises Holdings Ltd bought a new position in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,000 shares of the exchange traded fund’s stock, valued at approximately $1,230,000.

A number of other hedge funds have also recently modified their holdings of EWY. Whittier Trust Co. of Nevada Inc. acquired a new position in iShares MSCI South Korea ETF in the fourth quarter valued at approximately $2,231,000. MRA Advisory Group boosted its position in 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 worth $6,731,000 after purchasing an additional 51,755 shares in the last quarter. Main Street Research LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the 4th quarter worth approximately $34,558,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares MSCI South Korea ETF by 183.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,251 shares of the exchange traded fund’s stock worth $780,000 after purchasing an additional 4,695 shares during the period. Finally, Trivium Point Advisory LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the 4th quarter worth approximately $5,287,000. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

NYSEARCA:EWY opened at $172.90 on Wednesday. The company has a 50 day moving average price of $190.70 and a 200-day moving average price of $153.27. 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 market cap of $23.07 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46.

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.