Marietta Investment Partners LLC Takes $1.75 Million Position in iShares MSCI South Korea ETF $EWY

Marietta Investment Partners LLC bought a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the first quarter, Holdings Channel reports. The firm bought 14,190 shares of the exchange traded fund’s stock, valued at approximately $1,746,000.

A number of other institutional investors have also modified their holdings of the company. Viewpoint Capital Management LLC lifted its position in iShares MSCI South Korea ETF by 20,000.0% during the first quarter. Viewpoint Capital Management LLC now owns 201 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 200 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of iShares MSCI South Korea ETF in the fourth quarter worth $26,000. Nvwm LLC acquired a new stake in shares of iShares MSCI South Korea ETF in the fourth quarter worth $29,000. Intesa Sanpaolo Wealth Management purchased a new position in shares of iShares MSCI South Korea ETF in the 4th quarter valued at $31,000. Finally, Berbice Capital Management LLC purchased a new position in shares of iShares MSCI South Korea ETF in the 4th quarter valued at $34,000. 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 $180.14 on Monday. The firm’s fifty day simple moving average is $189.19 and its 200 day simple moving average is $146.39. iShares MSCI South Korea ETF has a twelve month low of $69.85 and a twelve month high of $220.89. The firm 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 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.