494,500 Shares in iShares MSCI South Korea ETF $EWY Bought by Gemsstock Ltd.

Gemsstock Ltd. purchased a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 494,500 shares of the exchange traded fund’s stock, valued at approximately $48,075,000. iShares MSCI South Korea ETF accounts for approximately 6.9% of Gemsstock Ltd.’s portfolio, making the stock its 5th biggest holding. Gemsstock Ltd. owned approximately 0.50% of iShares MSCI South Korea ETF as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of EWY. Goldman Sachs Group Inc. lifted its holdings in iShares MSCI South Korea ETF by 27.8% during the first quarter. Goldman Sachs Group Inc. now owns 239,956 shares of the exchange traded fund’s stock worth $12,967,000 after acquiring an additional 52,259 shares during the period. Creative Planning increased its position in iShares MSCI South Korea ETF by 3.6% in the second quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock worth $360,000 after buying an additional 176 shares during the last quarter. M&T Bank Corp purchased a new stake in iShares MSCI South Korea ETF in the second quarter worth $203,000. Invesco Ltd. increased its position in iShares MSCI South Korea ETF by 424.3% in the second quarter. Invesco Ltd. now owns 94,461 shares of the exchange traded fund’s stock worth $6,780,000 after buying an additional 76,444 shares during the last quarter. Finally, Cresset Asset Management LLC increased its position in iShares MSCI South Korea ETF by 7.0% in the second quarter. Cresset Asset Management LLC now owns 8,661 shares of the exchange traded fund’s stock worth $622,000 after buying an additional 565 shares during the last quarter. 49.22% of the stock is currently owned by institutional investors.

iShares MSCI South Korea ETF Price Performance

NYSEARCA:EWY opened at $197.45 on Friday. The business has a fifty day simple moving average of $170.90 and a two-hundred day simple moving average of $134.65. iShares MSCI South Korea ETF has a 1 year low of $66.11 and a 1 year high of $217.76. The company has a market capitalization of $26.27 billion, a P/E ratio of 10.35 and a beta of 1.45.

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.