Lmcg Investments LLC Acquires New Stake in iShares MSCI South Korea ETF $EWY

Lmcg Investments LLC bought a new position in iShares MSCI South Korea ETF (NYSEARCA:EWY) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 34,666 shares of the exchange traded fund’s stock, valued at approximately $6,336,000.

Several other large investors have also recently modified their holdings of the stock. Bank of America Corp DE raised 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 buying 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% in the fourth quarter. Hsbc Holdings PLC now owns 1,897,337 shares of the exchange traded fund’s stock worth $184,457,000 after buying an additional 1,795,557 shares during the last quarter. Bank of Nova Scotia lifted its position in iShares MSCI South Korea ETF by 135.8% in the first quarter. Bank of Nova Scotia now owns 1,823,820 shares of the exchange traded fund’s stock worth $224,348,000 after buying an additional 1,050,220 shares during the last quarter. Group One Trading LLC purchased a new position in iShares MSCI South Korea ETF during the first quarter worth $30,984,000. Finally, Fifth Third Bancorp boosted its stake in iShares MSCI South Korea ETF by 1,140,390.9% during the first quarter. Fifth Third Bancorp now owns 250,908 shares of the exchange traded fund’s stock worth $30,864,000 after buying an additional 250,886 shares during the period. Institutional investors own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Stock Up 1.9%

EWY stock opened at $156.88 on Thursday. iShares MSCI South Korea ETF has a twelve month low of $86.90 and a twelve month high of $220.89. The stock has a market capitalization of $22.58 billion, a price-to-earnings ratio of 10.35 and a beta of 1.51. The firm’s fifty day simple moving average is $178.64 and its two-hundred day simple moving average is $176.69.

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.