Exchange Traded Concepts LLC Acquires 384,171 Shares of iShares MSCI South Korea ETF $EWY

Exchange Traded Concepts LLC increased its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 36,038.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 385,237 shares of the exchange traded fund’s stock after purchasing an additional 384,171 shares during the period. Exchange Traded Concepts LLC’s holdings in iShares MSCI South Korea ETF were worth $37,453,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EWY. National Bank of Canada FI boosted its holdings in iShares MSCI South Korea ETF by 103.9% during the third quarter. National Bank of Canada FI now owns 579 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 295 shares in the last quarter. CWM LLC raised its holdings in shares of iShares MSCI South Korea ETF by 50.5% in the 3rd quarter. CWM LLC now owns 897 shares of the exchange traded fund’s stock worth $72,000 after buying an additional 301 shares in the last quarter. FLP Wealth Management LLC bought a new position in shares of iShares MSCI South Korea ETF during the 3rd quarter worth approximately $103,000. Basso Capital Management L.P. acquired a new stake in iShares MSCI South Korea ETF in the 3rd quarter valued at $105,000. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in iShares MSCI South Korea ETF in the 3rd quarter valued at $120,000. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

Shares of NYSEARCA:EWY opened at $120.98 on Friday. The business’s fifty day moving average price is $129.07 and its two-hundred day moving average price is $104.47. iShares MSCI South Korea ETF has a fifty-two week low of $48.49 and a fifty-two week high of $154.22. The stock has a market capitalization of $11.90 billion, a price-to-earnings ratio of 10.35 and a beta of 1.22.

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.