Mirae Asset Global Investments Co. Ltd. Acquires 105,563 Shares of iShares MSCI South Korea ETF $EWY

Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 105,563 shares of the exchange traded fund’s stock, valued at approximately $19,295,000. Mirae Asset Global Investments Co. Ltd. owned about 0.07% of iShares MSCI South Korea ETF as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. GK Wealth Management LLC bought a new position in iShares MSCI South Korea ETF in the third quarter valued at about $25,000. Harbor Investment Advisory LLC bought a new position in shares of iShares MSCI South Korea ETF in the second quarter worth about $35,000. Allied Private Wealth LLC bought a new position in shares of iShares MSCI South Korea ETF in the second quarter worth about $38,000. Prestige Wealth Management Group LLC bought a new position in shares of iShares MSCI South Korea ETF in the first quarter worth about $25,000. Finally, Archer Investment Corp acquired a new stake in shares of iShares MSCI South Korea ETF in the 1st quarter valued at approximately $25,000. 49.22% of the stock is owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Trading Up 2.3%

EWY opened at $155.06 on Wednesday. The company has a market cap of $22.72 billion, a P/E ratio of 10.35 and a beta of 1.60. The company’s 50 day moving average is $174.46 and its 200-day moving average is $162.57. iShares MSCI South Korea ETF has a 1-year low of $86.90 and a 1-year high of $220.89.

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.