Morningstar Investment Management LLC Purchases 108,170 Shares of iShares MSCI South Korea ETF (NYSEARCA:EWY)

Morningstar Investment Management LLC lifted its position in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 107.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 209,268 shares of the exchange traded fund’s stock after buying an additional 108,170 shares during the period. iShares MSCI South Korea ETF makes up about 0.8% of Morningstar Investment Management LLC’s investment portfolio, making the stock its 20th biggest position. Morningstar Investment Management LLC’s holdings in iShares MSCI South Korea ETF were worth $10,650,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of EWY. JPMorgan Chase & Co. grew its position in iShares MSCI South Korea ETF by 25.3% during the third quarter. JPMorgan Chase & Co. now owns 913,197 shares of the exchange traded fund’s stock valued at $58,408,000 after buying an additional 184,207 shares during the period. Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of iShares MSCI South Korea ETF during the 4th quarter valued at $233,000. Blue Trust Inc. grew its position in shares of iShares MSCI South Korea ETF by 37.9% during the 3rd quarter. Blue Trust Inc. now owns 5,981 shares of the exchange traded fund’s stock valued at $395,000 after acquiring an additional 1,645 shares during the period. Fisher Asset Management LLC increased its stake in shares of iShares MSCI South Korea ETF by 6.9% in the 3rd quarter. Fisher Asset Management LLC now owns 4,768 shares of the exchange traded fund’s stock worth $305,000 after purchasing an additional 309 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd raised its holdings in iShares MSCI South Korea ETF by 1.1% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 33,646 shares of the exchange traded fund’s stock worth $2,152,000 after purchasing an additional 360 shares during the period.

iShares MSCI South Korea ETF Stock Performance

NYSEARCA:EWY opened at $58.28 on Thursday. The stock has a 50-day simple moving average of $54.23 and a two-hundred day simple moving average of $58.92. The firm has a market capitalization of $4.63 billion, a PE ratio of 9.60 and a beta of 1.25. iShares MSCI South Korea ETF has a 52-week low of $50.74 and a 52-week high of $69.51.

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.