WCM Investment Management LLC Takes $3.04 Million Position in iShares MSCI South Korea ETF $EWY

WCM Investment Management LLC bought a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 24,744 shares of the exchange traded fund’s stock, valued at approximately $3,044,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EWY. Morgan Stanley increased its holdings in iShares MSCI South Korea ETF by 31.5% in the 4th quarter. Morgan Stanley now owns 3,405,205 shares of the exchange traded fund’s stock valued at $331,054,000 after buying an additional 814,877 shares during the period. Bridgewater Associates LP lifted its holdings in shares of iShares MSCI South Korea ETF by 1.8% during the 4th quarter. Bridgewater Associates LP now owns 2,072,358 shares of the exchange traded fund’s stock worth $201,475,000 after acquiring an additional 37,242 shares during the period. Hsbc Holdings PLC lifted its holdings in shares of iShares MSCI South Korea ETF by 1,764.2% during the 4th 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. Temasek Holdings Private Ltd boosted its position in shares of iShares MSCI South Korea ETF by 116.6% during the 4th 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 in the last quarter. Finally, Rafferty Asset Management LLC boosted its position in shares of iShares MSCI South Korea ETF by 44.0% during the 4th quarter. Rafferty Asset Management LLC now owns 1,224,622 shares of the exchange traded fund’s stock valued at $119,058,000 after acquiring an additional 373,916 shares in the last quarter. 49.22% of the stock is owned by institutional investors.

iShares MSCI South Korea ETF Stock Up 0.2%

NYSEARCA EWY opened at $162.86 on Tuesday. iShares MSCI South Korea ETF has a twelve month low of $70.36 and a twelve month high of $220.89. The stock has a market cap of $21.73 billion, a P/E ratio of 10.35 and a beta of 1.46. The company’s 50-day simple moving average is $190.81 and its 200 day simple moving average is $152.74.

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.