First Growth Capital LLC bought a new position in iShares MSCI South Korea ETF (NYSEARCA:EWY – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,488 shares of the exchange traded fund’s stock, valued at approximately $242,000.
A number of other large investors have also added to or reduced their stakes in the stock. Morgan Stanley grew its holdings in iShares MSCI South Korea ETF by 31.5% during the fourth quarter. Morgan Stanley now owns 3,405,205 shares of the exchange traded fund’s stock valued at $331,054,000 after purchasing an additional 814,877 shares during the period. Bridgewater Associates LP raised its stake in shares of iShares MSCI South Korea ETF by 1.8% in the fourth quarter. Bridgewater Associates LP now owns 2,072,358 shares of the exchange traded fund’s stock worth $201,475,000 after buying an additional 37,242 shares during the period. Temasek Holdings Private Ltd lifted 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 buying an additional 858,598 shares in the last quarter. TD Asset Management Inc lifted its position in shares of iShares MSCI South Korea ETF by 85.5% during 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. Finally, Schroder Investment Management Group grew its stake in shares of iShares MSCI South Korea ETF by 18.0% during the 3rd quarter. Schroder Investment Management Group now owns 1,257,343 shares of the exchange traded fund’s stock valued at $100,889,000 after acquiring an additional 191,723 shares during the period. Institutional investors own 49.22% of the company’s stock.
iShares MSCI South Korea ETF Trading Up 6.9%
NYSEARCA EWY opened at $219.20 on Friday. iShares MSCI South Korea ETF has a 12 month low of $67.98 and a 12 month high of $220.89. The stock has a market cap of $29.16 billion, a price-to-earnings ratio of 10.35 and a beta of 1.45. The company’s 50 day moving average is $177.75 and its two-hundred day moving average is $138.33.
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.
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