Capstone Capital Management Ltd acquired a new position in iShares MSCI South Korea ETF (NYSEARCA:EWY – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 7,400 shares of the exchange traded fund’s stock, valued at approximately $910,000.
Several other institutional investors have also recently added to or reduced their stakes in EWY. Hsbc Holdings PLC raised its stake 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 acquiring an additional 1,795,557 shares during the period. Yacktman Asset Management LP acquired a new position in iShares MSCI South Korea ETF in the fourth quarter valued at approximately $111,279,000. Temasek Holdings Private Ltd boosted its stake in 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 acquiring an additional 858,598 shares during the period. Morgan Stanley boosted its stake in iShares MSCI South Korea ETF by 31.5% in the fourth quarter. Morgan Stanley now owns 3,405,205 shares of the exchange traded fund’s stock valued at $331,054,000 after acquiring an additional 814,877 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of iShares MSCI South Korea ETF during the fourth quarter valued at approximately $51,527,000. Institutional investors own 49.22% of the company’s stock.
iShares MSCI South Korea ETF Trading Up 0.8%
Shares of iShares MSCI South Korea ETF stock opened at $182.72 on Thursday. The business’s 50 day simple moving average is $191.03 and its 200-day simple moving average is $148.41. The stock has a market capitalization of $21.92 billion, a price-to-earnings ratio of 10.35 and a beta of 1.46. iShares MSCI South Korea ETF has a twelve month low of $70.36 and a twelve month 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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