Levin Capital Strategies L.P. Acquires Shares of 4,544 iShares MSCI South Korea ETF $EWY

Levin Capital Strategies L.P. bought a new position in iShares MSCI South Korea ETF (NYSEARCA:EWY) in the first quarter, HoldingsChannel reports. The fund bought 4,544 shares of the exchange traded fund’s stock, valued at approximately $559,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Viewpoint Capital Management LLC grew its holdings in shares of iShares MSCI South Korea ETF by 20,000.0% during the 1st quarter. Viewpoint Capital Management LLC now owns 201 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 200 shares in the last quarter. Archer Investment Corp acquired a new position in shares of iShares MSCI South Korea ETF in the first quarter worth $25,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth $26,000. Nvwm LLC purchased a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth $29,000. Finally, Parallel Advisors LLC acquired a new stake in iShares MSCI South Korea ETF during the first quarter valued at $29,000. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Up 2.0%

EWY opened at $173.86 on Friday. The stock has a fifty day moving average price of $190.00 and a 200 day moving average price of $154.29. iShares MSCI South Korea ETF has a 1 year low of $70.36 and a 1 year high of $220.89. The stock has a market cap of $23.72 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46.

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.