iShares MSCI South Korea ETF $EWY Position Raised by Cullen Capital Management LLC

Cullen Capital Management LLC lifted its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 13.4% during the third quarter, Holdings Channel reports. The institutional investor owned 222,743 shares of the exchange traded fund’s stock after buying an additional 26,341 shares during the quarter. Cullen Capital Management LLC’s holdings in iShares MSCI South Korea ETF were worth $17,842,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of EWY. CWM LLC raised its position in iShares MSCI South Korea ETF by 328.8% in the second quarter. CWM LLC now owns 596 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 457 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of iShares MSCI South Korea ETF in the 2nd quarter worth approximately $76,000. FLP Wealth Management LLC bought a new stake in shares of iShares MSCI South Korea ETF in the 3rd quarter worth approximately $103,000. Private Wealth Management Group LLC lifted its stake in iShares MSCI South Korea ETF by 83.3% during the second quarter. Private Wealth Management Group LLC now owns 1,320 shares of the exchange traded fund’s stock valued at $95,000 after purchasing an additional 600 shares during the last quarter. Finally, WestEnd Advisors LLC acquired a new stake in iShares MSCI South Korea ETF during the second quarter valued at approximately $106,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

NYSEARCA EWY opened at $120.26 on Thursday. iShares MSCI South Korea ETF has a 1 year low of $48.49 and a 1 year high of $126.64. The business’s fifty day moving average is $103.40 and its two-hundred day moving average is $89.28. The stock has a market capitalization of $11.83 billion, a P/E ratio of 10.35 and a beta of 1.22.

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.