Lmcg Investments LLC Acquires New Holdings in iShares MSCI South Korea ETF $EWY

Lmcg Investments LLC bought a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 34,666 shares of the exchange traded fund’s stock, valued at approximately $6,336,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Bank of America Corp DE increased its position in iShares MSCI South Korea ETF by 102.5% in 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 purchasing an additional 5,532,980 shares during the last quarter. Bank of Nova Scotia lifted its position in iShares MSCI South Korea ETF by 135.8% during 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. Hsbc Holdings PLC lifted its position 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 valued at $184,457,000 after purchasing an additional 1,795,557 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of iShares MSCI South Korea ETF by 368.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 303,408 shares of the exchange traded fund’s stock worth $61,258,000 after buying an additional 238,591 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of iShares MSCI South Korea ETF by 217.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 232,371 shares of the exchange traded fund’s stock worth $46,916,000 after buying an additional 159,136 shares in the last quarter. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Stock Up 1.9%

iShares MSCI South Korea ETF stock opened at $156.88 on Thursday. The company’s 50-day moving average price is $178.64 and its 200-day moving average price is $176.69. iShares MSCI South Korea ETF has a twelve month low of $86.90 and a twelve month high of $220.89. The company has a market cap of $22.58 billion, a PE ratio of 10.35 and a beta of 1.51.

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.