iShares MSCI South Korea ETF (NYSEARCA:EWY) Share Price Pass Above 200 Day Moving Average of $62.96

iShares MSCI South Korea ETF (NYSEARCA:EWY)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $62.96 and traded as high as $65.92. iShares MSCI South Korea ETF shares last traded at $65.69, with a volume of 2,898,299 shares traded.

iShares MSCI South Korea ETF Trading Down 0.1 %

The stock has a market cap of $5.22 billion, a price-to-earnings ratio of 9.60 and a beta of 1.25. The stock’s 50 day moving average is $65.02 and its two-hundred day moving average is $62.96.

Hedge Funds Weigh In On iShares MSCI South Korea ETF

A number of large investors have recently bought and sold shares of EWY. Sun Life Financial Inc. purchased a new position in iShares MSCI South Korea ETF during the 4th quarter worth $99,191,000. Hsbc Holdings PLC raised its position in iShares MSCI South Korea ETF by 131.8% during the 3rd quarter. Hsbc Holdings PLC now owns 2,373,131 shares of the exchange traded fund’s stock worth $139,873,000 after buying an additional 1,349,156 shares during the last quarter. Schroder Investment Management Group raised its position in iShares MSCI South Korea ETF by 4,747.0% during the 4th quarter. Schroder Investment Management Group now owns 960,669 shares of the exchange traded fund’s stock worth $62,953,000 after buying an additional 940,849 shares during the last quarter. BW Gestao de Investimentos Ltda. purchased a new position in shares of iShares MSCI South Korea ETF in the 1st quarter valued at about $40,266,000. Finally, Elo Mutual Pension Insurance Co purchased a new position in shares of iShares MSCI South Korea ETF in the 4th quarter valued at about $29,419,000.

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.