Gunderson Capital Management LLC Invests $8.15 Million in iShares MSCI South Korea ETF $EWY

Gunderson Capital Management LLC purchased a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 66,275 shares of the exchange traded fund’s stock, valued at approximately $8,152,000. iShares MSCI South Korea ETF comprises approximately 3.4% of Gunderson Capital Management LLC’s holdings, making the stock its 11th biggest position. Gunderson Capital Management LLC owned about 0.05% of iShares MSCI South Korea ETF at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in EWY. Viewpoint Capital Management LLC lifted its position in iShares MSCI South Korea ETF by 20,000.0% during the 1st quarter. Viewpoint Capital Management LLC now owns 201 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 200 shares during the period. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of iShares MSCI South Korea ETF in the fourth quarter valued at approximately $26,000. Nvwm LLC acquired a new position in shares of iShares MSCI South Korea ETF in the fourth quarter valued at approximately $29,000. Intesa Sanpaolo Wealth Management purchased a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth approximately $31,000. Finally, Berbice Capital Management LLC purchased a new stake in shares of iShares MSCI South Korea ETF during the fourth quarter worth approximately $34,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

Shares of NYSEARCA EWY opened at $197.28 on Friday. The stock has a fifty day moving average price of $185.33 and a 200 day moving average price of $142.73. iShares MSCI South Korea ETF has a 1-year low of $69.85 and a 1-year high of $220.89. The company has a market cap of $26.25 billion, a PE 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.