SG Americas Securities LLC Acquires 19,330 Shares of iShares MSCI South Korea ETF $EWY

SG Americas Securities LLC grew its stake in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) by 87.6% during the third quarter, Holdings Channel reports. The institutional investor owned 41,408 shares of the exchange traded fund’s stock after purchasing an additional 19,330 shares during the quarter. SG Americas Securities LLC’s holdings in iShares MSCI South Korea ETF were worth $3,317,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in EWY. CWM LLC increased its position in shares of iShares MSCI South Korea ETF by 328.8% in the second quarter. CWM LLC now owns 596 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 457 shares during the period. Ameritas Advisory Services LLC bought a new stake in iShares MSCI South Korea ETF during the second quarter worth about $76,000. Private Wealth Management Group LLC grew its stake in shares of iShares MSCI South Korea ETF by 83.3% in the second quarter. Private Wealth Management Group LLC now owns 1,320 shares of the exchange traded fund’s stock worth $95,000 after acquiring an additional 600 shares during the last quarter. FLP Wealth Management LLC purchased a new stake in iShares MSCI South Korea ETF during the 3rd quarter valued at about $103,000. Finally, WestEnd Advisors LLC bought a new stake in shares of iShares MSCI South Korea ETF during the second quarter valued at approximately $106,000. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Trading Up 0.0%

iShares MSCI South Korea ETF stock opened at $108.93 on Tuesday. iShares MSCI South Korea ETF has a 12 month low of $48.49 and a 12 month high of $109.00. The stock has a fifty day simple moving average of $95.12 and a two-hundred day simple moving average of $84.03. The firm has a market cap of $9.35 billion, a price-to-earnings ratio of 10.35 and a beta of 1.22.

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.