iShares MSCI South Korea ETF (NYSEARCA:EWY) Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 39.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 229,276 shares of the exchange traded fund’s stock after buying an additional 64,306 shares during the quarter. Envestnet Asset Management Inc. owned 0.45% of iShares MSCI South Korea ETF worth $12,390,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Private Trust Co. NA grew its position in shares of iShares MSCI South Korea ETF by 325.3% during the 1st quarter. Private Trust Co. NA now owns 706 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 540 shares during the period. Summit Securities Group LLC purchased a new position in iShares MSCI South Korea ETF during the fourth quarter worth approximately $41,000. Hara Capital LLC grew its holdings in iShares MSCI South Korea ETF by 75.5% in the fourth quarter. Hara Capital LLC now owns 930 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 400 shares during the period. Grove Bank & Trust acquired a new stake in iShares MSCI South Korea ETF in the first quarter valued at approximately $54,000. Finally, Deutsche Bank AG increased its position in shares of iShares MSCI South Korea ETF by 21.1% in the fourth quarter. Deutsche Bank AG now owns 1,083 shares of the exchange traded fund’s stock valued at $55,000 after buying an additional 189 shares in the last quarter. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Down 0.9%

Shares of NYSEARCA EWY opened at $72.39 on Friday. iShares MSCI South Korea ETF has a 52-week low of $48.49 and a 52-week high of $73.90. The company’s 50-day simple moving average is $66.44 and its 200-day simple moving average is $59.09. The firm has a market cap of $5.08 billion, a price-to-earnings ratio of 10.35 and a beta of 1.05.

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.