Renaissance Technologies LLC Makes New Investment in iShares MSCI South Korea ETF $EWY

Renaissance Technologies LLC acquired a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 231,341 shares of the exchange traded fund’s stock, valued at approximately $28,457,000. Renaissance Technologies LLC owned approximately 0.17% of iShares MSCI South Korea ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Viewpoint Capital Management LLC increased 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 purchasing 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 bought a new position in iShares MSCI South Korea ETF during the fourth quarter valued at $26,000. Finally, Nvwm LLC purchased a new position in shares of iShares MSCI South Korea ETF in the 4th quarter worth $29,000. 49.22% of the stock is currently owned by institutional investors.

iShares MSCI South Korea ETF Stock Down 6.0%

iShares MSCI South Korea ETF stock opened at $151.45 on Wednesday. The company’s 50-day moving average price is $188.94 and its 200-day moving average price is $155.39. iShares MSCI South Korea ETF has a twelve month low of $70.36 and a twelve month high of $220.89. The company has a market cap of $20.92 billion, a PE ratio of 10.35 and a beta of 1.46.

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.