Venturi Wealth Management LLC Buys New Stake in iShares MSCI South Korea ETF $EWY

Venturi Wealth Management LLC purchased a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 69,480 shares of the exchange traded fund’s stock, valued at approximately $6,755,000.

A number of other institutional investors and hedge funds have also made changes to their positions in EWY. TD Asset Management Inc increased its holdings in shares of iShares MSCI South Korea ETF by 85.5% in the 3rd quarter. TD Asset Management Inc now owns 1,536,532 shares of the exchange traded fund’s stock worth $123,076,000 after buying an additional 708,000 shares during the last quarter. Exchange Traded Concepts LLC grew its position in iShares MSCI South Korea ETF by 36,038.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 385,237 shares of the exchange traded fund’s stock worth $37,453,000 after acquiring an additional 384,171 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in iShares MSCI South Korea ETF by 79.7% during the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 823,077 shares of the exchange traded fund’s stock worth $65,848,000 after acquiring an additional 365,091 shares during the last quarter. Tradewinds Capital Management LLC bought a new stake in iShares MSCI South Korea ETF during the fourth quarter worth approximately $31,534,000. Finally, City of London Investment Management Co. Ltd. raised its position in iShares MSCI South Korea ETF by 72.2% during the third quarter. City of London Investment Management Co. Ltd. now owns 744,787 shares of the exchange traded fund’s stock valued at $59,657,000 after purchasing an additional 312,298 shares during the period. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Price Performance

NYSEARCA:EWY opened at $138.73 on Friday. The firm has a market capitalization of $18.08 billion, a price-to-earnings ratio of 10.35 and a beta of 1.23. The business has a 50 day simple moving average of $131.02 and a 200-day simple moving average of $107.89. iShares MSCI South Korea ETF has a 1 year low of $52.99 and a 1 year high of $154.22.

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.