Topor & Co. Korea Purchases Shares of 4,984 iShares MSCI South Korea ETF $EWY

Topor & Co. Korea purchased a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 4,984 shares of the exchange traded fund’s stock, valued at approximately $1,006,000. iShares MSCI South Korea ETF accounts for about 0.8% of Topor & Co. Korea’s portfolio, making the stock its 14th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Goldman Sachs Group Inc. lifted its holdings in shares of iShares MSCI South Korea ETF by 27.8% in the 1st 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 last quarter. Creative Planning increased its holdings in iShares MSCI South Korea ETF by 3.6% in the 2nd quarter. Creative Planning now owns 5,021 shares of the exchange traded fund’s stock valued at $360,000 after purchasing an additional 176 shares during the last quarter. M&T Bank Corp acquired a new stake in iShares MSCI South Korea ETF in the 2nd quarter valued at approximately $203,000. Invesco Ltd. raised 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 valued at $6,780,000 after purchasing an additional 76,444 shares during the period. Finally, Cresset Asset Management LLC raised 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 valued at $622,000 after purchasing an additional 565 shares during the period. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Stock Up 1.2%

NYSEARCA:EWY opened at $166.09 on Friday. The stock’s fifty day moving average is $183.96 and its two-hundred day moving average is $158.00. iShares MSCI South Korea ETF has a 52 week low of $70.93 and a 52 week high of $220.89. The stock has a market capitalization of $24.12 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.