Diversify Wealth Management LLC Invests $9.12 Million in iShares MSCI South Korea ETF $EWY

Diversify Wealth Management LLC bought a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 74,110 shares of the exchange traded fund’s stock, valued at approximately $9,116,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Viewpoint Capital Management LLC grew its stake in iShares MSCI South Korea ETF by 20,000.0% in the 1st quarter. Viewpoint Capital Management LLC now owns 201 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 200 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of iShares MSCI South Korea ETF during the fourth quarter valued at approximately $26,000. Nvwm LLC purchased a new stake in iShares MSCI South Korea ETF during the fourth quarter worth $29,000. Intesa Sanpaolo Wealth Management bought a new position in shares of iShares MSCI South Korea ETF in the 4th quarter worth $31,000. Finally, Berbice Capital Management LLC purchased a new position in iShares MSCI South Korea ETF in the fourth quarter valued at about $34,000. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

NYSEARCA:EWY traded down $1.23 during midday trading on Friday, reaching $183.52. 20,021,750 shares of the stock traded hands, compared to its average volume of 19,744,248. The business has a 50-day moving average of $192.22 and a two-hundred day moving average of $149.31. The stock has a market capitalization of $21.77 billion, a PE ratio of 10.35 and a beta of 1.46. iShares MSCI South Korea ETF has a 12-month low of $70.36 and a 12-month high of $220.89.

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.