Optiver Holding B.V. Acquires 61,954 Shares of iShares MSCI South Korea ETF $EWY

Optiver Holding B.V. lifted its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 18,115.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 62,296 shares of the exchange traded fund’s stock after buying an additional 61,954 shares during the period. Optiver Holding B.V.’s holdings in iShares MSCI South Korea ETF were worth $4,990,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of EWY. Innealta Capital LLC increased its stake in iShares MSCI South Korea ETF by 179.5% in the second quarter. Innealta Capital LLC now owns 27,391 shares of the exchange traded fund’s stock valued at $1,966,000 after purchasing an additional 17,590 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of iShares MSCI South Korea ETF during the 3rd quarter worth about $394,000. ABC Arbitrage SA bought a new position in shares of iShares MSCI South Korea ETF during the 3rd quarter worth about $512,000. Cullen Capital Management LLC grew its stake in shares of iShares MSCI South Korea ETF by 94.0% in the 2nd quarter. Cullen Capital Management LLC now owns 196,402 shares of the exchange traded fund’s stock valued at $14,098,000 after buying an additional 95,185 shares during the period. Finally, Cibc World Market Inc. increased its position in iShares MSCI South Korea ETF by 6.2% in the 3rd quarter. Cibc World Market Inc. now owns 81,215 shares of the exchange traded fund’s stock valued at $6,505,000 after buying an additional 4,733 shares in the last quarter. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

EWY stock opened at $144.55 on Wednesday. The stock’s 50 day simple moving average is $114.36 and its 200 day simple moving average is $95.22. The company has a market cap of $14.22 billion, a P/E ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a fifty-two week low of $48.49 and a fifty-two week high of $145.62.

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. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.