Exchange Traded Concepts LLC Has $37.45 Million Position in iShares MSCI South Korea ETF $EWY

Exchange Traded Concepts LLC lifted its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 36,038.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 385,237 shares of the exchange traded fund’s stock after buying an additional 384,171 shares during the period. Exchange Traded Concepts LLC owned about 0.44% of iShares MSCI South Korea ETF worth $37,453,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. National Bank of Canada FI raised its holdings in 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 valued at $46,000 after acquiring an additional 295 shares in the last quarter. CWM LLC grew its holdings in shares of iShares MSCI South Korea ETF by 50.5% during 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. FLP Wealth Management LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the 3rd quarter worth approximately $103,000. Basso Capital Management L.P. bought a new stake in shares of iShares MSCI South Korea ETF during the third quarter valued at approximately $105,000. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in shares of iShares MSCI South Korea ETF during the third quarter valued at approximately $120,000. 49.22% of the stock is owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Price Performance

Shares of EWY stock opened at $120.98 on Friday. The stock has a market cap of $11.90 billion, a P/E ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a one year low of $48.49 and a one year high of $154.22. The stock has a fifty day moving average price of $129.07 and a 200 day moving average price of $104.47.

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.