Nomura Holdings Inc. bought a new position in SK Telecom Co. (NYSE:SKM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 155,141 shares of the company’s stock, valued at approximately $3,226,000.

A number of other hedge funds also recently added to or reduced their stakes in SKM. Orbis Allan Gray Ltd bought a new stake in SK Telecom during the first quarter worth approximately $45,322,000. State Street Corp boosted its stake in shares of SK Telecom by 14.8% in the first quarter. State Street Corp now owns 258,963 shares of the company’s stock valued at $5,224,000 after buying an additional 33,326 shares during the last quarter. LSV Asset Management boosted its stake in shares of SK Telecom by 12.4% in the second quarter. LSV Asset Management now owns 1,172,214 shares of the company’s stock valued at $24,522,000 after buying an additional 129,214 shares during the last quarter. TD Asset Management Inc. boosted its stake in shares of SK Telecom by 49.3% in the second quarter. TD Asset Management Inc. now owns 629,900 shares of the company’s stock valued at $13,178,000 after buying an additional 208,000 shares during the last quarter. Finally, Sensato Investors LLC acquired a new stake in shares of SK Telecom during the first quarter valued at approximately $3,386,000. Institutional investors own 11.19% of the company’s stock.

Shares of SK Telecom Co. (NYSE:SKM) opened at 21.35 on Wednesday. The firm has a market capitalization of $13.58 billion, a PE ratio of 10.16 and a beta of 0.70. SK Telecom Co. has a 52 week low of $17.52 and a 52 week high of $25.54. The firm’s 50-day moving average is $22.08 and its 200 day moving average is $20.83.

About SK Telecom

SK Telecom Co, Ltd. is a wireless telecommunications service provider. The Company offers the following core services: Cellular voice services; Wireless data services; Broadband Internet, Internet Protocol television (IPTV) and fixed-line telephone services, and New businesses. The Company provides wireless voice transmission and wireless global roaming services.

5 Day Chart for NYSE:SKM

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