LFG Wealth Partners LLC bought a new stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 23,625 shares of the exchange traded fund’s stock, valued at approximately $2,297,000. iShares MSCI South Korea ETF accounts for about 1.5% of LFG Wealth Partners LLC’s investment portfolio, making the stock its 22nd largest position.
Other institutional investors have also added to or reduced their stakes in the company. Yacktman Asset Management LP bought a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter valued at about $111,279,000. Morgan Stanley boosted its holdings in shares of 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 in the last quarter. TD Asset Management Inc boosted its holdings in shares of iShares MSCI South Korea ETF by 85.5% in the 3rd quarter. TD Asset Management Inc now owns 1,536,532 shares of the exchange traded fund’s stock valued at $123,076,000 after buying an additional 708,000 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter valued at about $51,527,000. Finally, Bank of Nova Scotia boosted its holdings in shares of iShares MSCI South Korea ETF by 195.2% in the 4th quarter. Bank of Nova Scotia now owns 773,600 shares of the exchange traded fund’s stock valued at $75,209,000 after buying an additional 511,500 shares in the last quarter. Hedge funds and other institutional investors own 49.22% of the company’s stock.
iShares MSCI South Korea ETF Stock Performance
NYSEARCA:EWY opened at $211.45 on Tuesday. iShares MSCI South Korea ETF has a fifty-two week low of $66.61 and a fifty-two week high of $217.76. The stock has a market capitalization of $28.13 billion, a P/E ratio of 10.35 and a beta of 1.45. The company’s 50-day simple moving average is $172.67 and its 200-day simple moving average is $135.82.
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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