66,275 Shares in iShares MSCI South Korea ETF $EWY Purchased by Gunderson Capital Management LLC

Gunderson Capital Management LLC acquired a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 66,275 shares of the exchange traded fund’s stock, valued at approximately $8,152,000. iShares MSCI South Korea ETF accounts for about 3.4% of Gunderson Capital Management LLC’s investment portfolio, making the stock its 11th largest holding.

A number of other institutional investors also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. raised its stake in shares of iShares MSCI South Korea ETF by 27.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 239,956 shares of the exchange traded fund’s stock worth $12,967,000 after buying an additional 52,259 shares in the last quarter. Creative Planning boosted its stake in shares of iShares MSCI South Korea ETF by 3.6% in the second quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock valued at $360,000 after buying an additional 176 shares in the last quarter. M&T Bank Corp acquired a new position in iShares MSCI South Korea ETF during the second quarter worth $203,000. Invesco Ltd. grew its holdings in iShares MSCI South Korea ETF by 424.3% during the second quarter. Invesco Ltd. now owns 94,461 shares of the exchange traded fund’s stock worth $6,780,000 after acquiring an additional 76,444 shares during the period. Finally, Cresset Asset Management LLC grew its holdings in iShares MSCI South Korea ETF by 7.0% during the second quarter. Cresset Asset Management LLC now owns 8,661 shares of the exchange traded fund’s stock worth $622,000 after acquiring an additional 565 shares during the period. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

NYSEARCA:EWY opened at $197.28 on Friday. iShares MSCI South Korea ETF has a 1 year low of $69.85 and a 1 year high of $220.89. The stock has a fifty day moving average price of $185.33 and a two-hundred day moving average price of $142.73. The stock has a market capitalization of $26.25 billion, a price-to-earnings ratio of 10.35 and a beta of 1.45.

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.