iShares MSCI South Korea ETF $EWY Shares Purchased by Basso Capital Management L.P.

Basso Capital Management L.P. increased its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 710.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 10,572 shares of the exchange traded fund’s stock after acquiring an additional 9,267 shares during the period. iShares MSCI South Korea ETF comprises about 0.6% of Basso Capital Management L.P.’s portfolio, making the stock its 27th biggest position. Basso Capital Management L.P.’s holdings in iShares MSCI South Korea ETF were worth $1,028,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of iShares MSCI South Korea ETF during the 4th quarter valued at approximately $26,000. Nvwm LLC acquired a new position in iShares MSCI South Korea ETF during the fourth quarter worth $29,000. Intesa Sanpaolo Wealth Management acquired a new position in iShares MSCI South Korea ETF during the fourth quarter worth $31,000. Berbice Capital Management LLC acquired a new stake in iShares MSCI South Korea ETF in the fourth quarter valued at $34,000. Finally, Strategic Advocates LLC purchased a new position in shares of iShares MSCI South Korea ETF in the fourth quarter valued at $38,000. 49.22% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Stock Down 0.4%

NYSEARCA:EWY opened at $205.08 on Thursday. iShares MSCI South Korea ETF has a 52-week low of $67.61 and a 52-week high of $217.76. The stock has a fifty day simple moving average of $175.91 and a 200-day simple moving average of $137.42. The company has a market capitalization of $27.29 billion, a PE ratio of 10.35 and a beta of 1.45.

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.