Renaissance Technologies LLC Invests $28.46 Million in iShares MSCI South Korea ETF $EWY

Renaissance Technologies LLC bought a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 231,341 shares of the exchange traded fund’s stock, valued at approximately $28,457,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Viewpoint Capital Management LLC lifted its position in iShares MSCI South Korea ETF by 20,000.0% in the first quarter. Viewpoint Capital Management LLC now owns 201 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 200 shares during the last quarter. Archer Investment Corp bought a new position in iShares MSCI South Korea ETF during the first quarter valued at $25,000. Prestige Wealth Management Group LLC bought a new position in iShares MSCI South Korea ETF during the first quarter valued at $25,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of iShares MSCI South Korea ETF in the fourth quarter valued at $26,000. Finally, Nvwm LLC purchased a new stake in shares of iShares MSCI South Korea ETF in the fourth 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 Down 6.0%

iShares MSCI South Korea ETF stock opened at $151.45 on Wednesday. The firm has a 50-day moving average price of $188.94 and a 200-day moving average price of $155.39. The firm has a market capitalization of $20.92 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.