City of London Investment Management Co. Ltd. Has $34.37 Million Holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY)

City of London Investment Management Co. Ltd. raised its position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 125.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 519,978 shares of the exchange traded fund’s stock after acquiring an additional 289,047 shares during the period. iShares MSCI South Korea ETF makes up approximately 2.9% of City of London Investment Management Co. Ltd.’s investment portfolio, making the stock its 14th largest position. City of London Investment Management Co. Ltd. owned about 0.65% of iShares MSCI South Korea ETF worth $34,365,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wakefield Asset Management LLLP boosted its stake in iShares MSCI South Korea ETF by 3.4% in the 1st quarter. Wakefield Asset Management LLLP now owns 9,428 shares of the exchange traded fund’s stock valued at $633,000 after purchasing an additional 314 shares during the period. Innealta Capital LLC boosted its position in shares of iShares MSCI South Korea ETF by 1.0% in the fourth quarter. Innealta Capital LLC now owns 33,478 shares of the exchange traded fund’s stock valued at $2,194,000 after acquiring an additional 325 shares during the period. Patten Group Inc. boosted its position in shares of iShares MSCI South Korea ETF by 7.2% in the second quarter. Patten Group Inc. now owns 5,703 shares of the exchange traded fund’s stock valued at $377,000 after acquiring an additional 382 shares during the period. Founders Capital Management bought a new position in iShares MSCI South Korea ETF during the first quarter worth about $27,000. Finally, Headlands Technologies LLC acquired a new stake in iShares MSCI South Korea ETF in the 2nd quarter worth about $29,000.

iShares MSCI South Korea ETF Stock Up 1.3 %

NYSEARCA EWY opened at $63.30 on Monday. iShares MSCI South Korea ETF has a 12-month low of $54.49 and a 12-month high of $69.51. The firm has a 50-day moving average price of $64.70 and a two-hundred day moving average price of $64.91. The company has a market capitalization of $5.03 billion, a P/E ratio of 9.60 and a beta of 1.25.

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.