Cullen Capital Management LLC Acquires 95,185 Shares of iShares MSCI South Korea ETF $EWY

Cullen Capital Management LLC increased its holdings in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 94.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 196,402 shares of the exchange traded fund’s stock after purchasing an additional 95,185 shares during the period. Cullen Capital Management LLC’s holdings in iShares MSCI South Korea ETF were worth $14,098,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Banque Transatlantique SA acquired a new stake in iShares MSCI South Korea ETF during the 1st quarter worth approximately $25,000. CWM LLC boosted its holdings in shares of iShares MSCI South Korea ETF by 328.8% in the second quarter. CWM LLC now owns 596 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 457 shares during the period. Ameritas Advisory Services LLC bought a new stake in shares of iShares MSCI South Korea ETF during the second quarter worth $76,000. Private Wealth Management Group LLC raised its holdings in shares of iShares MSCI South Korea ETF by 83.3% during the second quarter. Private Wealth Management Group LLC now owns 1,320 shares of the exchange traded fund’s stock worth $95,000 after acquiring an additional 600 shares during the period. Finally, WestEnd Advisors LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the second quarter worth $106,000. 49.22% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Trading Down 2.4%

Shares of NYSEARCA EWY opened at $92.67 on Monday. The company has a fifty day moving average price of $91.41 and a 200 day moving average price of $79.39. The firm has a market cap of $6.70 billion, a PE ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a 1-year low of $48.49 and a 1-year high of $100.79.

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.