Main Street Research LLC Boosts Holdings in iShares MSCI South Korea ETF $EWY

Main Street Research LLC increased its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 1.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 361,874 shares of the exchange traded fund’s stock after acquiring an additional 6,413 shares during the quarter. iShares MSCI South Korea ETF comprises approximately 2.6% of Main Street Research LLC’s portfolio, making the stock its 15th largest holding. Main Street Research LLC owned about 0.27% of iShares MSCI South Korea ETF worth $44,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of EWY. Viewpoint Capital Management LLC grew its holdings in shares of iShares MSCI South Korea ETF by 20,000.0% during 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 during the last quarter. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter valued at about $26,000. Nvwm LLC purchased a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter valued at about $29,000. Intesa Sanpaolo Wealth Management purchased a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter valued at about $31,000. Finally, Berbice Capital Management LLC acquired a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter valued at about $34,000. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Stock Up 1.1%

NYSEARCA:EWY opened at $184.75 on Friday. The stock’s 50 day moving average price is $191.63 and its 200 day moving average price is $149.06. The company has a market capitalization of $22.16 billion, a PE ratio of 10.35 and a beta of 1.46. iShares MSCI South Korea ETF has a 52-week low of $70.36 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.