EHP Funds Inc. Invests $1.27 Million in iShares MSCI South Korea ETF $EWY

EHP Funds Inc. purchased a new position in shares of iShares MSCI South Korea ETF (NYSEARCA:EWY) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 15,894 shares of the exchange traded fund’s stock, valued at approximately $1,273,000. iShares MSCI South Korea ETF accounts for approximately 1.1% of EHP Funds Inc.’s investment portfolio, making the stock its 15th largest position.

Several other hedge funds have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC lifted its holdings in iShares MSCI South Korea ETF by 1,753.0% in the 2nd quarter. Hsbc Holdings PLC now owns 1,296,271 shares of the exchange traded fund’s stock valued at $93,047,000 after purchasing an additional 1,226,315 shares in the last quarter. Schroder Investment Management Group grew its holdings in shares of iShares MSCI South Korea ETF by 31,122.4% during the second quarter. Schroder Investment Management Group now owns 1,065,620 shares of the exchange traded fund’s stock worth $75,382,000 after buying an additional 1,062,207 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares MSCI South Korea ETF by 4,532.1% in the second quarter. JPMorgan Chase & Co. now owns 1,066,257 shares of the exchange traded fund’s stock valued at $76,536,000 after buying an additional 1,043,238 shares during the last quarter. TD Asset Management Inc raised its position in shares of iShares MSCI South Korea ETF by 85.5% in the third quarter. TD Asset Management Inc now owns 1,536,532 shares of the exchange traded fund’s stock valued at $123,076,000 after buying an additional 708,000 shares during the last quarter. Finally, Sumitomo Mitsui Financial Group Inc. purchased a new position in shares of iShares MSCI South Korea ETF in the second quarter worth about $48,810,000. 49.22% of the stock is owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Trading Up 0.5%

EWY opened at $124.15 on Friday. The firm has a market capitalization of $12.21 billion, a PE ratio of 10.35 and a beta of 1.22. iShares MSCI South Korea ETF has a twelve month low of $48.49 and a twelve month high of $154.22. The firm’s 50-day moving average price is $124.93 and its 200 day moving average price is $100.56.

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.