55,557 Shares in iShares MSCI South Korea ETF $EWY Bought by Madrid Financial Services

Madrid Financial Services purchased a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 55,557 shares of the exchange traded fund’s stock, valued at approximately $10,155,000. iShares MSCI South Korea ETF makes up about 5.9% of Madrid Financial Services’ holdings, making the stock its 7th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Point Nemo Capital LLC boosted its stake in iShares MSCI South Korea ETF by 42.9% in the 3rd quarter. Point Nemo Capital LLC now owns 46,735 shares of the exchange traded fund’s stock worth $8,542,000 after purchasing an additional 14,037 shares during the period. StoneX Group Inc. bought a new position in iShares MSCI South Korea ETF during the 3rd quarter worth about $396,000. Ashton Thomas Private Wealth LLC increased its holdings in iShares MSCI South Korea ETF by 1,256.4% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 3,893 shares of the exchange traded fund’s stock worth $712,000 after purchasing an additional 3,606 shares in the last quarter. Pekin Hardy Strauss Inc. bought a new position in iShares MSCI South Korea ETF during the 3rd quarter worth about $18,648,000. Finally, Kestra Advisory Services LLC raised its stake in shares of iShares MSCI South Korea ETF by 34.9% in the 3rd quarter. Kestra Advisory Services LLC now owns 105,882 shares of the exchange traded fund’s stock valued at $19,353,000 after purchasing an additional 27,395 shares during the period. Institutional investors and hedge funds own 49.22% of the company’s stock.

iShares MSCI South Korea ETF Price Performance

EWY opened at $137.01 on Friday. The company has a market capitalization of $20.08 billion, a price-to-earnings ratio of 10.35 and a beta of 1.60. The business’s 50-day moving average price is $172.04 and its two-hundred day moving average price is $163.00. iShares MSCI South Korea ETF has a 1 year low of $86.90 and a 1 year high of $220.89.

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.