Compass Financial Management LLC Buys Shares of 15,008 iShares MSCI South Korea ETF $EWY

Compass Financial Management LLC bought a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 15,008 shares of the exchange traded fund’s stock, valued at approximately $3,021,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EWY. Bank of America Corp DE grew its position in shares of 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 worth $1,344,351,000 after buying an additional 5,532,980 shares during the period. Hsbc Holdings PLC raised its position in shares of iShares MSCI South Korea ETF by 1,764.2% in the 4th quarter. Hsbc Holdings PLC now owns 1,897,337 shares of the exchange traded fund’s stock valued at $184,457,000 after acquiring an additional 1,795,557 shares during the period. Yacktman Asset Management LP acquired a new stake in shares of iShares MSCI South Korea ETF in the 4th quarter valued at approximately $111,279,000. Bank of Nova Scotia boosted its stake 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. Finally, Temasek Holdings Private Ltd boosted its stake in iShares MSCI South Korea ETF by 116.6% during the 4th quarter. Temasek Holdings Private Ltd now owns 1,594,998 shares of the exchange traded fund’s stock worth $155,066,000 after acquiring an additional 858,598 shares during the last quarter. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Performance

Shares of NYSEARCA EWY opened at $178.34 on Friday. The stock has a market cap of $25.89 billion, a P/E ratio of 10.35 and a beta of 1.49. The firm has a 50 day moving average price of $179.62 and a 200 day moving average price of $161.96. iShares MSCI South Korea ETF has a 52-week low of $71.39 and a 52-week 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.