Wealthfront Advisers LLC Increases Stock Position in iShares MSCI South Korea ETF $EWY

Wealthfront Advisers LLC boosted its position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 209.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,566 shares of the exchange traded fund’s stock after buying an additional 8,505 shares during the quarter. Wealthfront Advisers LLC’s holdings in iShares MSCI South Korea ETF were worth $1,546,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Viewpoint Capital Management LLC raised its position in shares of 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 acquiring an additional 200 shares during the period. Archer Investment Corp acquired a new stake in shares of iShares MSCI South Korea ETF during the 1st quarter valued at about $25,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the 4th quarter valued at about $26,000. Nvwm LLC purchased a new position in shares of iShares MSCI South Korea ETF in the 4th quarter valued at about $29,000. Finally, Intesa Sanpaolo Wealth Management purchased a new position in shares of iShares MSCI South Korea ETF in the 4th quarter valued at about $31,000. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Up 0.2%

NYSEARCA EWY opened at $162.86 on Tuesday. The stock has a market capitalization of $21.73 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46. iShares MSCI South Korea ETF has a twelve month low of $70.36 and a twelve month high of $220.89. The stock has a 50-day moving average of $190.81 and a 200 day moving average of $152.74.

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.