23,700 Shares in iShares MSCI South Korea ETF $EWY Acquired by St. Louis Financial Planners Asset Management LLC

St. Louis Financial Planners Asset Management LLC purchased a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 23,700 shares of the exchange traded fund’s stock, valued at approximately $2,304,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EWY. Hsbc Holdings PLC boosted its holdings in shares of iShares MSCI South Korea ETF by 1,753.0% in the second quarter. Hsbc Holdings PLC now owns 1,296,271 shares of the exchange traded fund’s stock valued at $93,047,000 after acquiring an additional 1,226,315 shares during the period. Schroder Investment Management Group increased its holdings in shares of iShares MSCI South Korea ETF by 31,122.4% in the 2nd quarter. Schroder Investment Management Group now owns 1,065,620 shares of the exchange traded fund’s stock valued at $75,382,000 after acquiring an additional 1,062,207 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of iShares MSCI South Korea ETF by 4,532.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,066,257 shares of the exchange traded fund’s stock valued at $76,536,000 after acquiring an additional 1,043,238 shares during the period. TD Asset Management Inc raised its position in iShares MSCI South Korea ETF by 85.5% in the 3rd quarter. TD Asset Management Inc now owns 1,536,532 shares of the exchange traded fund’s stock valued at $123,076,000 after purchasing an additional 708,000 shares during the last quarter. Finally, Sumitomo Mitsui Financial Group Inc. acquired a new stake in iShares MSCI South Korea ETF during the 2nd quarter worth $48,810,000. Hedge funds and other institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

Shares of iShares MSCI South Korea ETF stock opened at $125.78 on Friday. iShares MSCI South Korea ETF has a 1 year low of $48.49 and a 1 year high of $154.22. The company has a market capitalization of $12.37 billion, a P/E ratio of 10.35 and a beta of 1.22. The company’s fifty day moving average is $127.43 and its two-hundred day moving average is $102.63.

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.