Compass Financial Management LLC Acquires 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) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 15,008 shares of the exchange traded fund’s stock, valued at approximately $3,021,000.

Several other large investors have also made changes to their positions in EWY. Bank of America Corp DE increased its position in iShares MSCI South Korea ETF by 102.5% in the first 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 purchasing an additional 5,532,980 shares during the period. Hsbc Holdings PLC lifted its position in iShares MSCI South Korea ETF by 1,764.2% during 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 purchasing an additional 1,795,557 shares during the period. Yacktman Asset Management LP bought a new position in shares of iShares MSCI South Korea ETF in the 4th quarter valued at about $111,279,000. Bank of Nova Scotia boosted its stake in shares of iShares MSCI South Korea ETF by 135.8% in the 1st quarter. Bank of Nova Scotia now owns 1,823,820 shares of the exchange traded fund’s stock valued at $224,348,000 after purchasing an additional 1,050,220 shares during the last quarter. Finally, Temasek Holdings Private Ltd boosted its stake in shares of iShares MSCI South Korea ETF by 116.6% in the 4th quarter. Temasek Holdings Private Ltd now owns 1,594,998 shares of the exchange traded fund’s stock valued at $155,066,000 after purchasing an additional 858,598 shares during the last quarter. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

Shares of NYSEARCA:EWY opened at $178.34 on Friday. iShares MSCI South Korea ETF has a one year low of $71.39 and a one year high of $220.89. The company has a 50 day moving average of $179.62 and a 200-day moving average of $161.96. The stock has a market cap of $25.89 billion, a price-to-earnings ratio of 10.35 and a beta of 1.49.

iShares MSCI South Korea ETF Company 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.