Valence8 US LP Invests $6.01 Million in iShares MSCI South Korea ETF $EWY

Valence8 US LP purchased a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 83,746 shares of the exchange traded fund’s stock, valued at approximately $6,011,000. iShares MSCI South Korea ETF accounts for approximately 2.5% of Valence8 US LP’s holdings, making the stock its 8th biggest position.

A number of other institutional investors also recently bought and sold shares of the stock. Innealta Capital LLC boosted its position in iShares MSCI South Korea ETF by 179.5% during the 2nd quarter. Innealta Capital LLC now owns 27,391 shares of the exchange traded fund’s stock valued at $1,966,000 after acquiring an additional 17,590 shares in the last quarter. Pekin Hardy Strauss Inc. grew its stake in iShares MSCI South Korea ETF by 134.4% in the second quarter. Pekin Hardy Strauss Inc. now owns 84,090 shares of the exchange traded fund’s stock worth $6,036,000 after purchasing an additional 48,223 shares during the period. Black Swift Group LLC purchased a new stake in iShares MSCI South Korea ETF in the second quarter worth $7,057,000. Gould Asset Management LLC CA raised its holdings in iShares MSCI South Korea ETF by 5.7% in the second quarter. Gould Asset Management LLC CA now owns 12,627 shares of the exchange traded fund’s stock worth $906,000 after purchasing an additional 685 shares in the last quarter. Finally, Atria Investments Inc purchased a new position in iShares MSCI South Korea ETF during the second quarter valued at $280,000. 49.22% of the stock is owned by institutional investors.

iShares MSCI South Korea ETF Trading Down 1.8%

Shares of EWY stock opened at $91.80 on Monday. The company’s fifty day moving average price is $84.19 and its 200-day moving average price is $73.26. The stock has a market cap of $6.63 billion, a PE ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a 12 month low of $48.49 and a 12 month high of $100.79.

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.