Millennium Management LLC Has $9.39 Million Stock Position in iShares MSCI South Korea ETF (NYSEARCA:EWY)

Millennium Management LLC increased its holdings in iShares MSCI South Korea ETF (NYSEARCA:EWY) by 634.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 184,438 shares of the exchange traded fund’s stock after acquiring an additional 159,341 shares during the period. Millennium Management LLC owned about 0.23% of iShares MSCI South Korea ETF worth $9,386,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Assetmark Inc. lifted its position in shares of iShares MSCI South Korea ETF by 6,375.0% during the fourth quarter. Assetmark Inc. now owns 777 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 765 shares in the last quarter. Summit Securities Group LLC purchased a new stake in iShares MSCI South Korea ETF in the 4th quarter valued at about $41,000. Hara Capital LLC lifted its position in shares of iShares MSCI South Korea ETF by 75.5% during the 4th quarter. Hara Capital LLC now owns 930 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 400 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in shares of iShares MSCI South Korea ETF during the 4th quarter worth approximately $49,000. Finally, Deutsche Bank AG boosted its stake in shares of iShares MSCI South Korea ETF by 21.1% in the 4th quarter. Deutsche Bank AG now owns 1,083 shares of the exchange traded fund’s stock worth $55,000 after buying an additional 189 shares during the last quarter.

iShares MSCI South Korea ETF Trading Up 1.1%

EWY stock opened at $58.96 on Monday. The stock’s fifty day simple moving average is $55.74 and its two-hundred day simple moving average is $55.45. iShares MSCI South Korea ETF has a 1-year low of $48.49 and a 1-year high of $69.52. The stock has a market cap of $3.03 billion, a P/E ratio of 9.69 and a beta of 1.11.

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.