Cullen Capital Management LLC Buys 46,489 Shares of iShares MSCI South Korea ETF $EWY

Cullen Capital Management LLC increased its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 20.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 269,232 shares of the exchange traded fund’s stock after purchasing an additional 46,489 shares during the period. Cullen Capital Management LLC owned approximately 0.27% of iShares MSCI South Korea ETF worth $26,175,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Solstein Capital LLC bought a new position in iShares MSCI South Korea ETF during the fourth quarter valued at approximately $152,000. Castleark Management LLC bought a new position in iShares MSCI South Korea ETF during the fourth quarter valued at approximately $98,000. Federation des caisses Desjardins du Quebec grew its position in iShares MSCI South Korea ETF by 433.1% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 89,034 shares of the exchange traded fund’s stock valued at $8,656,000 after acquiring an additional 72,334 shares during the last quarter. Orion Porfolio Solutions LLC grew its position in iShares MSCI South Korea ETF by 21.4% during the fourth quarter. Orion Porfolio Solutions LLC now owns 3,169 shares of the exchange traded fund’s stock valued at $308,000 after acquiring an additional 558 shares during the last quarter. Finally, Index Technologies Group LLC bought a new position in iShares MSCI South Korea ETF during the fourth quarter valued at approximately $301,000. 49.22% of the stock is currently owned by institutional investors.

iShares MSCI South Korea ETF Price Performance

Shares of NYSEARCA EWY opened at $197.45 on Friday. iShares MSCI South Korea ETF has a one year low of $66.11 and a one year high of $217.76. The firm’s 50 day simple moving average is $170.90 and its two-hundred day simple moving average is $134.65. The stock has a market capitalization of $26.27 billion, a P/E ratio of 10.35 and a beta of 1.45.

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.