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. boosted its position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 125.2% during the second quarter, HoldingsChannel reports. The institutional investor owned 519,978 shares of the exchange traded fund’s stock after purchasing an additional 289,047 shares during the period. iShares MSCI South Korea ETF accounts for approximately 2.9% of City of London Investment Management Co. Ltd.’s portfolio, making the stock its 14th largest holding. City of London Investment Management Co. Ltd.’s holdings in iShares MSCI South Korea ETF were worth $34,365,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Founders Capital Management bought a new stake in shares of iShares MSCI South Korea ETF during the 1st quarter worth $27,000. Headlands Technologies LLC acquired a new position in shares of iShares MSCI South Korea ETF during the second quarter worth $29,000. International Assets Investment Management LLC bought a new position in iShares MSCI South Korea ETF in the second quarter valued at about $49,000. CWM LLC raised its holdings in iShares MSCI South Korea ETF by 460.0% in the 1st quarter. CWM LLC now owns 1,120 shares of the exchange traded fund’s stock valued at $75,000 after buying an additional 920 shares during the last quarter. Finally, Prudential PLC acquired a new stake in iShares MSCI South Korea ETF during the 2nd quarter worth approximately $81,000.

iShares MSCI South Korea ETF Stock Performance

Shares of NYSEARCA EWY opened at $63.30 on Monday. The stock has a market cap of $5.03 billion, a P/E ratio of 9.60 and a beta of 1.25. iShares MSCI South Korea ETF has a 52-week low of $54.49 and a 52-week 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.

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.