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 passed 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.

iShares MSCI South Korea ETF Price Performance

The company’s fifty day simple moving average is $65.02 and its 200-day simple moving average is $62.96. The firm has a market capitalization of $5.22 billion, a PE ratio of 9.60 and a beta of 1.25.

Hedge Funds Weigh In On iShares MSCI South Korea ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Founders Capital Management purchased a new stake in shares of iShares MSCI South Korea ETF during the first quarter valued at $27,000. CWM LLC grew its holdings in shares of iShares MSCI South Korea ETF by 460.0% during 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 during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of iShares MSCI South Korea ETF by 242.7% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,131 shares of the exchange traded fund’s stock valued at $74,000 after buying an additional 801 shares during the last quarter. Manchester Capital Management LLC lifted its position in iShares MSCI South Korea ETF by 225.0% during the third quarter. Manchester Capital Management LLC now owns 1,300 shares of the exchange traded fund’s stock valued at $77,000 after purchasing an additional 900 shares during the period. Finally, Global Retirement Partners LLC lifted its position in iShares MSCI South Korea ETF by 72.1% during the fourth quarter. Global Retirement Partners LLC now owns 1,745 shares of the exchange traded fund’s stock valued at $114,000 after purchasing an additional 731 shares during the period.

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.