Cullen Capital Management LLC acquired a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 201,699 shares of the exchange traded fund’s stock, valued at approximately $40,723,000. Cullen Capital Management LLC owned approximately 0.14% 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 the company. Viewpoint Capital Management LLC boosted its stake in shares of 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 purchasing an additional 200 shares during the last quarter. Archer Investment Corp acquired a new position in shares of iShares MSCI South Korea ETF in the first quarter valued at approximately $25,000. Prestige Wealth Management Group LLC purchased a new position in shares of iShares MSCI South Korea ETF during the first quarter valued at approximately $25,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of iShares MSCI South Korea ETF during the fourth quarter valued at approximately $26,000. Finally, Parallel Advisors LLC purchased a new position in shares of iShares MSCI South Korea ETF during the first quarter valued at approximately $29,000. Institutional investors and hedge funds own 49.22% of the company’s stock.
iShares MSCI South Korea ETF Stock Performance
Shares of NYSEARCA EWY opened at $173.64 on Tuesday. The firm has a market cap of $25.21 billion, a P/E ratio of 10.35 and a beta of 1.49. iShares MSCI South Korea ETF has a 1 year low of $71.39 and a 1 year high of $220.89. The firm’s 50 day moving average price is $178.86 and its 200 day moving average price is $162.59.
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.
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