Strategic Global Advisors LLC Acquires Shares of 6,830 iShares MSCI South Korea ETF $EWY

Strategic Global Advisors LLC acquired a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 6,830 shares of the exchange traded fund’s stock, valued at approximately $664,000.

Several other hedge funds have also bought and sold shares of EWY. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in iShares MSCI South Korea ETF in the 4th quarter worth approximately $26,000. Nvwm LLC purchased a new stake in iShares MSCI South Korea ETF in the 4th quarter worth approximately $29,000. Intesa Sanpaolo Wealth Management purchased a new stake in iShares MSCI South Korea ETF in the 4th quarter worth approximately $31,000. Berbice Capital Management LLC purchased a new stake in iShares MSCI South Korea ETF in the 4th quarter worth approximately $34,000. Finally, Strategic Advocates LLC purchased a new stake in iShares MSCI South Korea ETF in the 4th quarter worth approximately $38,000. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Up 7.1%

iShares MSCI South Korea ETF stock opened at $211.45 on Tuesday. iShares MSCI South Korea ETF has a 12 month low of $66.61 and a 12 month high of $217.76. The stock’s 50 day simple moving average is $172.67 and its two-hundred day simple moving average is $135.82. The firm has a market cap of $28.13 billion, a PE ratio of 10.35 and a beta of 1.45.

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.