Glaxis Capital Management LLC Invests $2.92 Million in iShares MSCI South Korea ETF $EWY

Glaxis Capital Management LLC bought a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 30,000 shares of the exchange traded fund’s stock, valued at approximately $2,917,000. iShares MSCI South Korea ETF accounts for about 4.9% of Glaxis Capital Management LLC’s investment portfolio, making the stock its 6th biggest position.

A number of other institutional investors also recently modified their holdings of the company. TD Asset Management Inc raised its position in shares of iShares MSCI South Korea ETF by 85.5% during the third quarter. TD Asset Management Inc now owns 1,536,532 shares of the exchange traded fund’s stock worth $123,076,000 after purchasing an additional 708,000 shares during the period. Schroder Investment Management Group raised its position in shares of iShares MSCI South Korea ETF by 18.0% during the third quarter. Schroder Investment Management Group now owns 1,257,343 shares of the exchange traded fund’s stock worth $100,889,000 after purchasing an additional 191,723 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares MSCI South Korea ETF by 13.3% during the third quarter. JPMorgan Chase & Co. now owns 1,208,253 shares of the exchange traded fund’s stock worth $96,781,000 after purchasing an additional 141,996 shares during the period. Yacktman Asset Management LP acquired a new position in shares of iShares MSCI South Korea ETF during the fourth quarter worth approximately $111,279,000. Finally, Rafferty Asset Management LLC raised its position in shares of iShares MSCI South Korea ETF by 11.0% during the second quarter. Rafferty Asset Management LLC now owns 985,291 shares of the exchange traded fund’s stock worth $70,724,000 after purchasing an additional 97,762 shares during the period. 49.22% of the stock is owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Stock Up 11.5%

Shares of NYSEARCA:EWY opened at $198.94 on Friday. iShares MSCI South Korea ETF has a twelve month low of $66.11 and a twelve month high of $217.76. The stock’s 50 day moving average is $169.47 and its 200-day moving average is $134.21. The firm has a market capitalization of $26.47 billion, a price-to-earnings ratio of 10.35 and a beta of 1.45.

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.