Westerkirk Capital Inc. Has $11.69 Million Position in iShares MSCI South Korea ETF $EWY

Westerkirk Capital Inc. lifted its position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 308.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 120,237 shares of the exchange traded fund’s stock after buying an additional 90,805 shares during the period. iShares MSCI South Korea ETF comprises about 1.1% of Westerkirk Capital Inc.’s investment portfolio, making the stock its 19th largest holding. Westerkirk Capital Inc.’s holdings in iShares MSCI South Korea ETF were worth $11,689,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of EWY. Nvwm LLC acquired a new position in shares of iShares MSCI South Korea ETF during the fourth quarter worth about $29,000. Berbice Capital Management LLC bought a new stake in iShares MSCI South Korea ETF during the fourth quarter worth about $34,000. Larson Financial Group LLC raised its holdings in iShares MSCI South Korea ETF by 281.7% during the fourth quarter. Larson Financial Group LLC now owns 416 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 307 shares in the last quarter. National Bank of Canada FI raised its holdings in iShares MSCI South Korea ETF by 103.9% during the third quarter. National Bank of Canada FI now owns 579 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 295 shares in the last quarter. Finally, Private Trust Co. NA raised its holdings in iShares MSCI South Korea ETF by 120.5% during the fourth quarter. Private Trust Co. NA now owns 485 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 265 shares in the last quarter. 49.22% of the stock is owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Stock Performance

EWY opened at $185.64 on Tuesday. iShares MSCI South Korea ETF has a 52-week low of $65.82 and a 52-week high of $217.76. The firm has a market capitalization of $24.70 billion, a PE ratio of 10.35 and a beta of 1.45. The business’s 50-day simple moving average is $165.45 and its 200 day simple moving average is $132.14.

Trending Headlines about iShares MSCI South Korea ETF

Here are the key news stories impacting iShares MSCI South Korea ETF this week:

• Positive Sentiment: Some market watchers still see long-term upside in South Korea despite the pullback, with Goldman Sachs maintaining a bullish outlook on the KOSPI even after the latest plunge. KOSPI plunges 8%: why Goldman Sachs still sees 12,000
• Neutral Sentiment: South Korean authorities urged banks to tighten controls against speculative market-disrupting behavior as the won slumped, reflecting stress in local markets but not a direct change to ETF fundamentals. Korean Authorities Urge Banks to Step Up Controls as Won Slumps
• Neutral Sentiment: Reports noted that Korean “ant” investors are being tested as margin debt rises, suggesting elevated risk-taking and possible forced selling in local stocks. Chip rout puts Korea’s ‘ant’ investors to the test as margin debt soars
• Neutral Sentiment: The latest AI-chip partnership between NVIDIA and SK hynix could support sentiment over time, but it has not been enough to offset the broader market slump. Can Jensen’s SK Hijinx Save Seoul’s Crashing Stock Market?
• Negative Sentiment: EWY was hit by one of its worst sessions in years as South Korean chip stocks sold off hard, dragging the ETF lower by roughly 14% in a single session. The iShares Korea ETF (EWY) Dropped 14% in Its Most Brutal Session in Six Years, and It Started With Broadcom
• Negative Sentiment: South Korea’s KOSPI briefly triggered a circuit breaker and fell sharply in early trading, signaling continued volatility and possible further downside for EWY. How a few AI chip giants warped Asia’s stock picking game

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.