iShares MSCI South Korea ETF (NYSEARCA:EWY – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $201.90, but opened at $189.70. iShares MSCI South Korea ETF shares last traded at $190.28, with a volume of 4,629,205 shares changing hands.
iShares MSCI South Korea ETF Stock Performance
The company has a market capitalization of $21.81 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46. The firm has a fifty day moving average price of $188.70 and a 200-day moving average price of $145.78.
Institutional Investors Weigh In On iShares MSCI South Korea ETF
A number of large investors have recently bought and sold shares of EWY. Viewpoint Capital Management LLC raised its position in shares of iShares MSCI South Korea ETF by 20,000.0% in the 1st 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. Archer Investment Corp acquired a new stake in shares of iShares MSCI South Korea ETF during the 1st quarter worth approximately $25,000. Prestige Wealth Management Group LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the 1st quarter worth approximately $25,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in iShares MSCI South Korea ETF in the fourth quarter valued at approximately $26,000. Finally, Nvwm LLC bought a new position in iShares MSCI South Korea ETF in the fourth quarter valued at approximately $29,000. 49.22% of the stock is currently owned by institutional investors and hedge funds.
About iShares MSCI South Korea ETF
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.
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