Group One Trading LLC Buys New Stake in iShares MSCI South Korea ETF $EWY

Group One Trading LLC purchased a new position in iShares MSCI South Korea ETF (NYSEARCA:EWY) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 251,879 shares of the exchange traded fund’s stock, valued at approximately $30,984,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Viewpoint Capital Management LLC lifted its stake in iShares MSCI South Korea ETF by 20,000.0% during the first quarter. Viewpoint Capital Management LLC now owns 201 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 200 shares during the period. Archer Investment Corp bought a new stake in shares of iShares MSCI South Korea ETF in the 1st quarter valued at approximately $25,000. Prestige Wealth Management Group LLC bought a new stake in shares of iShares MSCI South Korea ETF in the 1st quarter valued at approximately $25,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of iShares MSCI South Korea ETF in the 4th quarter worth approximately $26,000. Finally, Nvwm LLC acquired a new position in shares of iShares MSCI South Korea ETF in the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

iShares MSCI South Korea ETF stock opened at $170.43 on Thursday. The company has a market capitalization of $22.74 billion, a PE ratio of 10.35 and a beta of 1.46. iShares MSCI South Korea ETF has a one year low of $70.36 and a one year high of $220.89. The business has a 50 day simple moving average of $190.34 and a 200 day simple moving average of $153.79.

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.