Jordan Park Group LLC lowered its stake in iShares MSCI South Korea ETF (NYSEARCA:EWY – Free Report) by 27.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 117,451 shares of the exchange traded fund’s stock after selling 44,679 shares during the period. iShares MSCI South Korea ETF makes up approximately 1.1% of Jordan Park Group LLC’s holdings, making the stock its 18th largest holding. Jordan Park Group LLC owned about 0.08% of iShares MSCI South Korea ETF worth $21,468,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Bank of America Corp DE boosted its holdings in iShares MSCI South Korea ETF by 102.5% during the 1st quarter. Bank of America Corp DE now owns 10,928,797 shares of the exchange traded fund’s stock valued at $1,344,351,000 after acquiring an additional 5,532,980 shares during the period. Bank of Nova Scotia grew its position in iShares MSCI South Korea ETF by 135.8% during the 1st quarter. Bank of Nova Scotia now owns 1,823,820 shares of the exchange traded fund’s stock worth $224,348,000 after acquiring an additional 1,050,220 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in iShares MSCI South Korea ETF by 368.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 303,408 shares of the exchange traded fund’s stock worth $61,258,000 after acquiring an additional 238,591 shares during the last quarter. Group One Trading LLC bought a new position in iShares MSCI South Korea ETF during the 1st quarter worth approximately $30,984,000. Finally, Yousif Capital Management LLC increased its stake in iShares MSCI South Korea ETF by 4.2% in the 3rd quarter. Yousif Capital Management LLC now owns 245,991 shares of the exchange traded fund’s stock worth $44,962,000 after purchasing an additional 9,832 shares during the period. Institutional investors own 49.22% of the company’s stock.
iShares MSCI South Korea ETF Price Performance
Shares of iShares MSCI South Korea ETF stock opened at $145.38 on Friday. The business’s 50 day simple moving average is $169.22 and its two-hundred day simple moving average is $163.54. The stock has a market capitalization of $21.09 billion, a P/E ratio of 7.18 and a beta of 1.60. iShares MSCI South Korea ETF has a one year low of $86.90 and a one year high of $220.89.
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.
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