Morningstar Investment Management LLC Invests $1.66 Million in iShares MSCI South Korea ETF (NYSEARCA:EWY)

Morningstar Investment Management LLC acquired a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 27,681 shares of the exchange traded fund’s stock, valued at approximately $1,657,000. iShares MSCI South Korea ETF makes up about 0.5% of Morningstar Investment Management LLC’s portfolio, making the stock its 19th biggest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in EWY. Northern Trust Corp boosted its position in shares of iShares MSCI South Korea ETF by 9.4% in the 4th quarter. Northern Trust Corp now owns 62,643 shares of the exchange traded fund’s stock valued at $3,687,000 after purchasing an additional 5,394 shares during the period. Deutsche Bank AG acquired a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter valued at about $2,076,000. Merriman Wealth Management LLC acquired a new stake in shares of iShares MSCI South Korea ETF in the 1st quarter valued at about $822,000. BNP Paribas Arbitrage SA boosted its position in shares of iShares MSCI South Korea ETF by 16.8% in the 1st quarter. BNP Paribas Arbitrage SA now owns 576,829 shares of the exchange traded fund’s stock valued at $35,158,000 after purchasing an additional 82,877 shares during the period. Finally, Hikari Power Ltd acquired a new stake in shares of iShares MSCI South Korea ETF in the 1st quarter valued at about $430,000.

EWY traded up $0.76 on Wednesday, hitting $53.53. 180,216 shares of the company traded hands, compared to its average volume of 3,734,079. The company has a 50 day moving average of $55.43 and a 200-day moving average of $59.31. iShares MSCI South Korea ETF has a 12-month low of $50.72 and a 12-month high of $68.86.

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.

See Also: Moving Average (MA)

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Institutional Ownership by Quarter for iShares MSCI South Korea ETF (NYSEARCA:EWY)

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