Cobblestone Asset Management LLC Invests $619,000 in iShares MSCI South Korea ETF $EWY

Cobblestone Asset Management LLC bought a new position in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,030 shares of the exchange traded fund’s stock, valued at approximately $619,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Diversify Advisory Services LLC boosted its position in shares of iShares MSCI South Korea ETF by 1.9% in the 4th quarter. Diversify Advisory Services LLC now owns 8,769 shares of the exchange traded fund’s stock valued at $853,000 after purchasing an additional 162 shares during the period. Creative Planning raised its holdings in iShares MSCI South Korea ETF by 3.6% during the 2nd quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock worth $360,000 after buying an additional 176 shares during the period. PNC Financial Services Group Inc. raised its holdings in iShares MSCI South Korea ETF by 5.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,844 shares of the exchange traded fund’s stock worth $374,000 after buying an additional 184 shares during the period. Journey Advisory Group LLC lifted its stake in iShares MSCI South Korea ETF by 0.3% during the fourth quarter. Journey Advisory Group LLC now owns 60,001 shares of the exchange traded fund’s stock valued at $5,833,000 after buying an additional 198 shares in the last quarter. Finally, Viewpoint Capital Management LLC lifted its stake in iShares MSCI South Korea ETF by 20,000.0% during the first 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. 49.22% of the stock is owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Price Performance

Shares of EWY opened at $180.14 on Friday. iShares MSCI South Korea ETF has a one year low of $69.85 and a one year high of $220.89. The company has a 50-day moving average of $189.19 and a two-hundred day moving average of $146.02. The stock has a market cap of $21.73 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46.

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.