Cobblestone Asset Management LLC Takes Position in iShares MSCI South Korea ETF $EWY

Cobblestone Asset Management LLC purchased a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 5,030 shares of the exchange traded fund’s stock, valued at approximately $619,000.

Several other hedge funds have also recently bought and sold shares of EWY. Diversify Advisory Services LLC boosted its position in iShares MSCI South Korea ETF by 1.9% during the 4th quarter. Diversify Advisory Services LLC now owns 8,769 shares of the exchange traded fund’s stock worth $853,000 after acquiring an additional 162 shares during the period. Creative Planning increased its holdings in shares of iShares MSCI South Korea ETF by 3.6% in the 2nd quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock valued at $360,000 after purchasing an additional 176 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of iShares MSCI South Korea ETF by 5.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,844 shares of the exchange traded fund’s stock valued at $374,000 after purchasing an additional 184 shares during the period. Journey Advisory Group LLC lifted its position in shares of iShares MSCI South Korea ETF by 0.3% in the fourth quarter. Journey Advisory Group LLC now owns 60,001 shares of the exchange traded fund’s stock worth $5,833,000 after purchasing an additional 198 shares in the last quarter. Finally, Viewpoint Capital Management LLC lifted its position in shares of iShares MSCI South Korea ETF by 20,000.0% in the first 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. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Stock Performance

EWY stock opened at $180.14 on Friday. The stock has a market cap of $21.73 billion, a P/E ratio of 10.35 and a beta of 1.46. The firm has a 50 day simple moving average of $189.19 and a 200 day simple moving average of $146.02. iShares MSCI South Korea ETF has a 52 week low of $69.85 and a 52 week high of $220.89.

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.