IMC Chicago LLC Invests $11.04 Million in iShares MSCI South Korea ETF $EWY

IMC Chicago LLC bought a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 89,717 shares of the exchange traded fund’s stock, valued at approximately $11,036,000.

Several other hedge funds also recently added to or reduced their stakes in EWY. Ethos Financial Group LLC purchased a new stake in iShares MSCI South Korea ETF in the first quarter valued at about $509,000. Mandatum Life Insurance Co Ltd purchased a new stake in shares of iShares MSCI South Korea ETF during the first quarter worth about $215,000. Sigma Planning Corp acquired a new position in shares of iShares MSCI South Korea ETF during the first quarter valued at about $278,000. Calamos Wealth Management LLC acquired a new position in shares of iShares MSCI South Korea ETF during the first quarter valued at about $6,007,000. Finally, Calamos Advisors LLC purchased a new position in shares of iShares MSCI South Korea ETF in the 1st quarter valued at approximately $6,007,000. 49.22% of the stock is owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Stock Down 3.0%

EWY stock opened at $171.64 on Thursday. The firm has a 50 day moving average of $192.23 and a 200 day moving average of $151.36. The stock has a market capitalization of $20.39 billion, a PE ratio of 10.35 and a beta of 1.46. iShares MSCI South Korea ETF has a 52 week low of $70.36 and a 52 week high of $220.89.

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.