Ethos Financial Group LLC Invests $509,000 in iShares MSCI South Korea ETF $EWY

Ethos Financial Group LLC bought a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,134 shares of the exchange traded fund’s stock, valued at approximately $509,000.

A number of other large investors have also added to or reduced their stakes in EWY. Hsbc Holdings PLC boosted its position in iShares MSCI South Korea ETF by 1,764.2% during the fourth quarter. Hsbc Holdings PLC now owns 1,897,337 shares of the exchange traded fund’s stock worth $184,457,000 after purchasing an additional 1,795,557 shares during the period. Yacktman Asset Management LP bought a new position in shares of iShares MSCI South Korea ETF in the fourth quarter valued at about $111,279,000. Temasek Holdings Private Ltd raised its position in shares of iShares MSCI South Korea ETF by 116.6% in the fourth quarter. Temasek Holdings Private Ltd now owns 1,594,998 shares of the exchange traded fund’s stock valued at $155,066,000 after purchasing an additional 858,598 shares during the period. Morgan Stanley lifted its stake in shares of iShares MSCI South Korea ETF by 31.5% during the 4th quarter. Morgan Stanley now owns 3,405,205 shares of the exchange traded fund’s stock worth $331,054,000 after buying an additional 814,877 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of iShares MSCI South Korea ETF during the 4th quarter worth about $51,527,000. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

Shares of EWY stock opened at $171.64 on Thursday. The company has a market capitalization of $20.39 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46. The company has a 50-day simple moving average of $192.23 and a 200 day simple moving average of $151.36. iShares MSCI South Korea ETF has a 52 week low of $70.36 and a 52 week high of $220.89.

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. 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.