12,248 Shares in iShares MSCI South Korea ETF $EWY Purchased by Payne Capital LLC

Payne Capital LLC purchased a new position in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the 1st quarter, HoldingsChannel.com reports. The firm purchased 12,248 shares of the exchange traded fund’s stock, valued at approximately $1,507,000. iShares MSCI South Korea ETF makes up 1.4% of Payne Capital LLC’s investment portfolio, making the stock its 24th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Goldman Sachs Group Inc. grew its position in iShares MSCI South Korea ETF by 27.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 239,956 shares of the exchange traded fund’s stock valued at $12,967,000 after acquiring an additional 52,259 shares during the last quarter. Creative Planning increased its stake in iShares MSCI South Korea ETF by 3.6% in the 2nd quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock worth $360,000 after buying an additional 176 shares during the period. M&T Bank Corp bought a new stake in iShares MSCI South Korea ETF during the 2nd quarter valued at about $203,000. Invesco Ltd. boosted its position in iShares MSCI South Korea ETF by 424.3% in the 2nd quarter. Invesco Ltd. now owns 94,461 shares of the exchange traded fund’s stock valued at $6,780,000 after buying an additional 76,444 shares during the period. Finally, Cresset Asset Management LLC boosted its position in iShares MSCI South Korea ETF by 7.0% in the 2nd quarter. Cresset Asset Management LLC now owns 8,661 shares of the exchange traded fund’s stock valued at $622,000 after buying an additional 565 shares during the period. 49.22% of the stock is owned by institutional investors.

iShares MSCI South Korea ETF Price Performance

Shares of EWY stock opened at $205.00 on Friday. The company has a market capitalization of $27.28 billion, a P/E ratio of 10.35 and a beta of 1.45. The company’s 50-day simple moving average is $184.28 and its two-hundred day simple moving average is $142.35. iShares MSCI South Korea ETF has a one year low of $69.85 and a one year high of $220.89.

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.