Mirae Asset Global Investments Co. Ltd. Buys 93,071 Shares of iShares MSCI South Korea ETF $EWY

Mirae Asset Global Investments Co. Ltd. grew its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 90.0% in the fourth quarter, Holdings Channel reports. The firm owned 196,435 shares of the exchange traded fund’s stock after buying an additional 93,071 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares MSCI South Korea ETF were worth $19,097,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of EWY. Nvwm LLC bought a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter worth $29,000. National Bank of Canada FI increased its holdings in shares of iShares MSCI South Korea ETF by 103.9% in the 3rd quarter. National Bank of Canada FI now owns 579 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 295 shares in the last quarter. Daytona Street Capital LLC bought a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter worth $52,000. CWM LLC increased its holdings in shares of iShares MSCI South Korea ETF by 50.5% in the 3rd quarter. CWM LLC now owns 897 shares of the exchange traded fund’s stock worth $72,000 after purchasing an additional 301 shares in the last quarter. Finally, FLP Wealth Management LLC bought a new stake in shares of iShares MSCI South Korea ETF in the 3rd quarter worth $103,000. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Trading Up 3.3%

iShares MSCI South Korea ETF stock opened at $152.33 on Friday. The firm has a market cap of $19.82 billion, a price-to-earnings ratio of 10.35 and a beta of 1.23. The stock has a fifty day simple moving average of $133.46 and a two-hundred day simple moving average of $110.41. iShares MSCI South Korea ETF has a 12 month low of $54.03 and a 12 month high of $154.99.

About iShares MSCI South Korea ETF

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.