iShares MSCI South Korea ETF $EWY Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC boosted its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 4.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 245,991 shares of the exchange traded fund’s stock after acquiring an additional 9,832 shares during the quarter. iShares MSCI South Korea ETF comprises about 0.5% of Yousif Capital Management LLC’s investment portfolio, making the stock its 28th biggest holding. Yousif Capital Management LLC’s holdings in iShares MSCI South Korea ETF were worth $44,962,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. GK Wealth Management LLC purchased a new stake in shares of iShares MSCI South Korea ETF during the 3rd quarter worth $25,000. Harbor Investment Advisory LLC purchased a new position in shares of iShares MSCI South Korea ETF in the 2nd quarter valued at about $35,000. Allied Private Wealth LLC purchased a new position in shares of iShares MSCI South Korea ETF in the 2nd quarter valued at about $38,000. Prestige Wealth Management Group LLC purchased a new position in shares of iShares MSCI South Korea ETF in the 1st quarter valued at about $25,000. Finally, Archer Investment Corp acquired a new stake in shares of iShares MSCI South Korea ETF in the first quarter valued at about $25,000. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Up 1.5%

Shares of NYSEARCA EWY traded up $2.20 during midday trading on Friday, hitting $151.26. The company had a trading volume of 9,921,858 shares, compared to its average volume of 18,965,736. The firm has a market capitalization of $22.07 billion, a price-to-earnings ratio of 10.35 and a beta of 1.51. iShares MSCI South Korea ETF has a twelve month low of $86.90 and a twelve month high of $220.89. The business has a 50-day simple moving average of $177.48 and a two-hundred day simple moving average of $176.70.

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.