Waterfront Wealth Inc. Buys Shares of 11,258 iShares MSCI South Korea ETF (NYSEARCA:EWY)

Waterfront Wealth Inc. purchased a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 11,258 shares of the exchange traded fund’s stock, valued at approximately $573,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hara Capital LLC acquired a new stake in iShares MSCI South Korea ETF in the third quarter valued at $34,000. Farther Finance Advisors LLC grew its position in shares of iShares MSCI South Korea ETF by 1,964.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 578 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 550 shares during the last quarter. Ping Capital Management Inc. acquired a new stake in shares of iShares MSCI South Korea ETF in the fourth quarter valued at about $204,000. Laffer Tengler Investments Inc. raised its position in shares of iShares MSCI South Korea ETF by 10.7% during the third quarter. Laffer Tengler Investments Inc. now owns 3,604 shares of the exchange traded fund’s stock worth $231,000 after acquiring an additional 349 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. bought a new position in shares of iShares MSCI South Korea ETF during the fourth quarter worth about $233,000.

iShares MSCI South Korea ETF Price Performance

Shares of EWY stock opened at $57.59 on Friday. The stock has a market capitalization of $4.57 billion, a PE ratio of 9.60 and a beta of 1.25. The business’s 50 day simple moving average is $54.33 and its 200 day simple moving average is $58.90. iShares MSCI South Korea ETF has a one year low of $50.74 and a one year high of $69.51.

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.