Oppenheimer & Co. Inc. purchased a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 9,239 shares of the exchange traded fund’s stock, valued at approximately $1,689,000.
Several other large investors have also recently bought and sold shares of EWY. Bank of America Corp DE lifted its position in iShares MSCI South Korea ETF by 102.5% during the first quarter. Bank of America Corp DE now owns 10,928,797 shares of the exchange traded fund’s stock worth $1,344,351,000 after acquiring an additional 5,532,980 shares during the last quarter. Bank of Nova Scotia grew its position in shares of iShares MSCI South Korea ETF by 135.8% in the first quarter. Bank of Nova Scotia now owns 1,823,820 shares of the exchange traded fund’s stock valued at $224,348,000 after purchasing an additional 1,050,220 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of iShares MSCI South Korea ETF by 368.1% in the second quarter. The Manufacturers Life Insurance Company now owns 303,408 shares of the exchange traded fund’s stock valued at $61,258,000 after purchasing an additional 238,591 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares MSCI South Korea ETF by 217.3% during the second quarter. Envestnet Asset Management Inc. now owns 232,371 shares of the exchange traded fund’s stock worth $46,916,000 after purchasing an additional 159,136 shares during the period. Finally, Yousif Capital Management LLC increased its stake in shares of iShares MSCI South Korea ETF by 4.2% during the third quarter. Yousif Capital Management LLC now owns 245,991 shares of the exchange traded fund’s stock worth $44,962,000 after purchasing an additional 9,832 shares during the period. 49.22% of the stock is owned by institutional investors.
iShares MSCI South Korea ETF Stock Performance
NYSEARCA:EWY opened at $152.89 on Monday. The stock has a market cap of $22.41 billion, a P/E ratio of 10.35 and a beta of 1.51. The stock has a 50 day simple moving average of $175.36 and a 200 day simple moving average of $162.12. iShares MSCI South Korea ETF has a 1-year low of $86.90 and a 1-year high of $220.89.
iShares MSCI South Korea ETF 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.
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