Topor & Co. Korea Takes $1.01 Million Position in iShares MSCI South Korea ETF $EWY

Topor & Co. Korea purchased a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,984 shares of the exchange traded fund’s stock, valued at approximately $1,006,000. iShares MSCI South Korea ETF comprises about 0.8% of Topor & Co. Korea’s holdings, making the stock its 14th largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. First Growth Capital LLC lifted its holdings in iShares MSCI South Korea ETF by 3.2% in the first quarter. First Growth Capital LLC now owns 2,567 shares of the exchange traded fund’s stock valued at $324,000 after acquiring an additional 79 shares during the last quarter. Sunbelt Securities Inc. increased its stake in iShares MSCI South Korea ETF by 66.2% during the first quarter. Sunbelt Securities Inc. now owns 251 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 100 shares during the last quarter. Diversify Advisory Services LLC increased its stake in iShares MSCI South Korea ETF by 1.9% during the fourth quarter. Diversify Advisory Services LLC now owns 8,769 shares of the exchange traded fund’s stock worth $853,000 after acquiring an additional 162 shares during the last quarter. Harbor Investment Advisory LLC purchased a new stake in iShares MSCI South Korea ETF in the second quarter valued at $35,000. Finally, Creative Planning raised its position in iShares MSCI South Korea ETF by 3.6% in the second quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock valued at $360,000 after purchasing an additional 176 shares during the period. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Up 1.2%

Shares of iShares MSCI South Korea ETF stock opened at $166.09 on Friday. iShares MSCI South Korea ETF has a 52 week low of $70.93 and a 52 week high of $220.89. The business’s fifty day simple moving average is $183.96 and its 200-day simple moving average is $158.00. The firm has a market cap of $24.12 billion, a PE ratio of 10.35 and a beta of 1.49.

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.