Silicon Valley Capital Partners Takes $492,000 Position in iShares MSCI South Korea ETF $EWY

Silicon Valley Capital Partners acquired a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,000 shares of the exchange traded fund’s stock, valued at approximately $492,000.

A number of other hedge funds have also modified their holdings of the business. Whittier Trust Co. of Nevada Inc. bought a new position in shares of iShares MSCI South Korea ETF in the fourth quarter valued at approximately $2,231,000. MRA Advisory Group increased its stake in shares of iShares MSCI South Korea ETF by 1,746.7% in the first quarter. MRA Advisory Group now owns 54,718 shares of the exchange traded fund’s stock valued at $6,731,000 after buying an additional 51,755 shares in the last quarter. Main Street Research LLC bought a new position in shares of iShares MSCI South Korea ETF in the fourth quarter valued at about $34,558,000. Wealth Enhancement Advisory Services LLC lifted its position in 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 buying an additional 4,695 shares in the last quarter. Finally, Tower View Wealth Management LLC bought a new stake in iShares MSCI South Korea ETF during the 4th quarter worth about $1,467,000. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Trading Up 11.8%

Shares of NYSEARCA EWY opened at $161.21 on Friday. iShares MSCI South Korea ETF has a 1-year low of $70.36 and a 1-year high of $220.89. The company has a 50-day moving average of $187.71 and a two-hundred day moving average of $156.03. The company has a market cap of $22.96 billion, a PE ratio of 10.35 and a beta of 1.46.

iShares MSCI South Korea ETF 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.