Y Intercept Hong Kong Ltd Makes New $678,000 Investment in iShares MSCI South Korea ETF $EWY

Y Intercept Hong Kong Ltd bought a new position in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,512 shares of the exchange traded fund’s stock, valued at approximately $678,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hsbc Holdings PLC lifted its holdings in shares of 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 buying an additional 1,795,557 shares during the last quarter. Yacktman Asset Management LP acquired a new position in iShares MSCI South Korea ETF in the fourth quarter worth approximately $111,279,000. Temasek Holdings Private Ltd increased its holdings in iShares MSCI South Korea ETF by 116.6% in the fourth quarter. Temasek Holdings Private Ltd now owns 1,594,998 shares of the exchange traded fund’s stock worth $155,066,000 after buying an additional 858,598 shares during the last quarter. Morgan Stanley raised its position in iShares MSCI South Korea ETF by 31.5% during the fourth quarter. Morgan Stanley now owns 3,405,205 shares of the exchange traded fund’s stock valued at $331,054,000 after acquiring an additional 814,877 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in iShares MSCI South Korea ETF during the fourth quarter valued at approximately $51,527,000. 49.22% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI South Korea ETF Stock Down 8.4%

NYSEARCA EWY opened at $168.02 on Tuesday. The stock has a market capitalization of $19.93 billion, a PE ratio of 10.35 and a beta of 1.46. The company has a 50 day moving average price of $192.37 and a two-hundred day moving average price of $150.24. iShares MSCI South Korea ETF has a 12-month low of $70.36 and a 12-month high of $220.89.

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.