Assetmark Inc. Grows Stock Holdings in iShares MSCI South Korea ETF $EWY

Assetmark Inc. grew its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 64.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,418 shares of the exchange traded fund’s stock after purchasing an additional 7,602 shares during the period. Assetmark Inc.’s holdings in iShares MSCI South Korea ETF were worth $2,389,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Viewpoint Capital Management LLC boosted 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 worth $25,000 after buying an additional 200 shares during the last quarter. Archer Investment Corp purchased a new stake in iShares MSCI South Korea ETF in the 1st quarter valued at $25,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter worth $26,000. Angeles Wealth Management LLC purchased a new position in shares of iShares MSCI South Korea ETF during the 1st quarter worth $35,000. Finally, Nvwm LLC purchased a new position in shares of iShares MSCI South Korea ETF during the 4th quarter worth $29,000. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Up 2.0%

Shares of EWY stock opened at $173.86 on Friday. iShares MSCI South Korea ETF has a twelve month low of $70.36 and a twelve month high of $220.89. The company’s 50-day moving average price is $190.00 and its 200-day moving average price is $154.29. The stock has a market cap of $23.72 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46.

About iShares MSCI South Korea ETF

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.