Investment House LLC Acquires New Holdings in iShares MSCI South Korea ETF $EWY

Investment House LLC bought a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 6,564 shares of the exchange traded fund’s stock, valued at approximately $1,200,000.

A number of other hedge funds have also recently modified their holdings of the stock. Lmcg Investments LLC purchased a new stake in iShares MSCI South Korea ETF in the third quarter valued at $6,336,000. Shayne & Jacobs LLC acquired a new position in iShares MSCI South Korea ETF in the third quarter valued at $706,000. Axxcess Wealth Management LLC boosted its stake in iShares MSCI South Korea ETF by 81.4% in the third quarter. Axxcess Wealth Management LLC now owns 3,030 shares of the exchange traded fund’s stock valued at $554,000 after acquiring an additional 1,360 shares in the last quarter. Carnegie Investment Counsel acquired a new position in iShares MSCI South Korea ETF in the third quarter valued at $3,186,000. Finally, Diversify Advisory Services LLC grew its holdings in shares of iShares MSCI South Korea ETF by 4.7% during the third quarter. Diversify Advisory Services LLC now owns 19,721 shares of the exchange traded fund’s stock worth $3,605,000 after purchasing an additional 886 shares during the last quarter. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Stock Performance

Shares of EWY stock opened at $151.26 on Friday. The stock’s 50-day moving average is $177.48 and its two-hundred day moving average is $176.70. iShares MSCI South Korea ETF has a 1 year low of $86.90 and a 1 year high of $220.89. The firm has a market cap of $22.07 billion, a price-to-earnings ratio of 10.35 and a beta of 1.51.

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.