iShares MSCI South Korea ETF (NYSEARCA:EWY) Stock Cross Above 200 Day Moving Average of $64.05

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 $64.05 and traded as high as $66.19. iShares MSCI South Korea ETF shares last traded at $66.11, with a volume of 1,740,891 shares changing hands.

iShares MSCI South Korea ETF Stock Performance

The company has a market capitalization of $5.25 billion, a P/E ratio of 9.60 and a beta of 1.25. The company has a 50-day simple moving average of $64.65 and a 200 day simple moving average of $64.05.

Hedge Funds Weigh In On iShares MSCI South Korea ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Founders Capital Management bought a new position in shares of iShares MSCI South Korea ETF during the first quarter valued at $27,000. Geneos Wealth Management Inc. lifted its holdings in iShares MSCI South Korea ETF by 242.7% during the 4th quarter. Geneos Wealth Management Inc. now owns 1,131 shares of the exchange traded fund’s stock valued at $74,000 after purchasing an additional 801 shares during the last quarter. CWM LLC boosted its position in iShares MSCI South Korea ETF by 460.0% in the first 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 in the last quarter. Global Retirement Partners LLC boosted its position in iShares MSCI South Korea ETF by 72.1% in the fourth quarter. Global Retirement Partners LLC now owns 1,745 shares of the exchange traded fund’s stock valued at $114,000 after buying an additional 731 shares in the last quarter. Finally, Picton Mahoney Asset Management bought a new stake in iShares MSCI South Korea ETF during the first quarter worth about $168,000.

iShares MSCI South Korea ETF Company 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.