Nkcfo LLC Invests $3.69 Million in iShares MSCI South Korea ETF $EWY

Nkcfo LLC acquired a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 46,000 shares of the exchange traded fund’s stock, valued at approximately $3,685,000. iShares MSCI South Korea ETF accounts for about 1.1% of Nkcfo LLC’s holdings, making the stock its 23rd biggest holding. Nkcfo LLC owned 0.06% of iShares MSCI South Korea ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Pekin Hardy Strauss Inc. raised its stake in shares of iShares MSCI South Korea ETF by 7.8% during the third quarter. Pekin Hardy Strauss Inc. now owns 90,637 shares of the exchange traded fund’s stock valued at $7,260,000 after acquiring an additional 6,547 shares during the last quarter. Cercano Management LLC lifted its holdings in iShares MSCI South Korea ETF by 207.3% during the 3rd quarter. Cercano Management LLC now owns 132,765 shares of the exchange traded fund’s stock worth $10,634,000 after buying an additional 89,564 shares during the period. GSA Capital Partners LLP grew its position in shares of iShares MSCI South Korea ETF by 44.9% in the 3rd quarter. GSA Capital Partners LLP now owns 5,015 shares of the exchange traded fund’s stock valued at $402,000 after buying an additional 1,554 shares during the last quarter. Guidance Capital Inc. grew its position in shares of iShares MSCI South Korea ETF by 2.4% in the 3rd quarter. Guidance Capital Inc. now owns 6,221 shares of the exchange traded fund’s stock valued at $498,000 after buying an additional 146 shares during the last quarter. Finally, Mondrian Investment Partners LTD acquired a new stake in shares of iShares MSCI South Korea ETF in the third quarter valued at about $458,000. 49.22% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Price Performance

Shares of EWY opened at $139.30 on Tuesday. The business has a 50-day moving average of $113.26 and a 200-day moving average of $94.72. The company has a market capitalization of $13.70 billion, a price-to-earnings ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a 1 year low of $48.49 and a 1 year high of $141.98.

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.