Strategic Global Advisors LLC Invests $664,000 in iShares MSCI South Korea ETF $EWY

Strategic Global Advisors LLC purchased a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 6,830 shares of the exchange traded fund’s stock, valued at approximately $664,000.

Other large investors have also modified their holdings of the company. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth about $26,000. Nvwm LLC purchased a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth about $29,000. Intesa Sanpaolo Wealth Management purchased a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth about $31,000. Berbice Capital Management LLC purchased a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth about $34,000. Finally, Strategic Advocates LLC purchased a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth about $38,000. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

Shares of EWY stock opened at $211.45 on Tuesday. iShares MSCI South Korea ETF has a fifty-two week low of $66.61 and a fifty-two week high of $217.76. The firm has a market capitalization of $28.13 billion, a price-to-earnings ratio of 10.35 and a beta of 1.45. The stock’s 50-day simple moving average is $172.67 and its 200-day simple moving average is $135.82.

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.