iShares MSCI South Korea ETF $EWY Stock: Parametrica Management Ltd Increases Position

Parametrica Management Ltd lifted its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 83.4% in the third quarter, HoldingsChannel.com reports. The fund owned 27,508 shares of the exchange traded fund’s stock after buying an additional 12,508 shares during the quarter. iShares MSCI South Korea ETF comprises 3.5% of Parametrica Management Ltd’s portfolio, making the stock its 10th biggest holding. Parametrica Management Ltd’s holdings in iShares MSCI South Korea ETF were worth $5,028,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Boltwood Capital Management bought a new position in shares of iShares MSCI South Korea ETF during the third quarter worth $908,000. Waverly Advisors LLC increased its holdings in iShares MSCI South Korea ETF by 386.7% in the 2nd quarter. Waverly Advisors LLC now owns 10,362 shares of the exchange traded fund’s stock valued at $2,092,000 after acquiring an additional 8,233 shares during the last quarter. Tikvah Management LLC bought a new stake in iShares MSCI South Korea ETF in the 2nd quarter valued at $1,363,000. 1607 Capital Partners LLC bought a new stake in iShares MSCI South Korea ETF in the 2nd quarter valued at $1,060,000. Finally, Cullen Capital Management LLC purchased a new stake in iShares MSCI South Korea ETF in the 2nd quarter worth $40,723,000. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Up 3.1%

Shares of EWY stock opened at $157.46 on Wednesday. The company’s fifty day simple moving average is $176.20 and its two-hundred day simple moving average is $161.34. iShares MSCI South Korea ETF has a 52 week low of $86.90 and a 52 week high of $220.89. The stock has a market cap of $22.97 billion, a P/E ratio of 10.35 and a beta of 1.51.

iShares MSCI South Korea ETF 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.