Geneos Wealth Management Inc. Grows Position in iShares MSCI South Korea ETF (NYSEARCA:EWY)

Geneos Wealth Management Inc. grew its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 242.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,131 shares of the exchange traded fund’s stock after buying an additional 801 shares during the quarter. Geneos Wealth Management Inc.’s holdings in iShares MSCI South Korea ETF were worth $74,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Patriot Investment Management Group Inc. purchased a new stake in iShares MSCI South Korea ETF in the fourth quarter worth $47,000. Global Retirement Partners LLC lifted its stake in iShares MSCI South Korea ETF by 100.0% in the third quarter. Global Retirement Partners LLC now owns 1,014 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 507 shares during the period. Tower Research Capital LLC TRC lifted its stake in iShares MSCI South Korea ETF by 345.0% in the second quarter. Tower Research Capital LLC TRC now owns 1,197 shares of the exchange traded fund’s stock worth $76,000 after acquiring an additional 928 shares during the period. Manchester Capital Management LLC lifted its stake in iShares MSCI South Korea ETF by 225.0% in the third quarter. Manchester Capital Management LLC now owns 1,300 shares of the exchange traded fund’s stock worth $77,000 after acquiring an additional 900 shares during the period. Finally, Advisors Preferred LLC lifted its stake in iShares MSCI South Korea ETF by 134.2% in the third quarter. Advisors Preferred LLC now owns 1,857 shares of the exchange traded fund’s stock worth $109,000 after acquiring an additional 1,064 shares during the period.

iShares MSCI South Korea ETF Stock Down 1.6 %

Shares of EWY stock opened at $61.29 on Wednesday. The firm has a market capitalization of $3.58 billion, a price-to-earnings ratio of 7.39 and a beta of 1.05. The stock has a fifty day moving average of $65.22 and a 200 day moving average of $62.44. iShares MSCI South Korea ETF has a 52 week low of $54.49 and a 52 week high of $68.20.

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.