Ranch Capital Advisors Inc. Makes New Investment in iShares MSCI South Korea ETF $EWY

Ranch Capital Advisors Inc. bought a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 3,326 shares of the exchange traded fund’s stock, valued at approximately $239,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Banque Transatlantique SA acquired a new position in shares of iShares MSCI South Korea ETF during the first quarter valued at about $25,000. CWM LLC raised its position in shares of iShares MSCI South Korea ETF by 328.8% during the second quarter. CWM LLC now owns 596 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 457 shares during the last quarter. Private Trust Co. NA raised its position in shares of iShares MSCI South Korea ETF by 325.3% during the first quarter. Private Trust Co. NA now owns 706 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 540 shares during the last quarter. Private Wealth Management Group LLC acquired a new position in shares of iShares MSCI South Korea ETF during the first quarter valued at about $39,000. Finally, Ameritas Advisory Services LLC acquired a new position in shares of iShares MSCI South Korea ETF during the second quarter valued at about $76,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Up 2.2%

NYSEARCA EWY opened at $92.05 on Friday. The stock has a market cap of $6.60 billion, a P/E ratio of 10.35 and a beta of 1.05. The company’s 50-day simple moving average is $79.54 and its 200 day simple moving average is $69.96. iShares MSCI South Korea ETF has a twelve month low of $48.49 and a twelve month high of $92.10.

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.